Inside the Currency Market: EUR/USD

By the way, absolutely rely on every trade, every point, every range point, every target, every point in economic research. The difference between me and the rest is I do my sincere homework to understand what’s going on and what may lie ahead. My stuff is derived from serious work and its not a public relations document as is the rest. The remainder only wish to be seen posting something that looks okay but its always far off the mark and non trade able information. My decency, honor, principles and devotion to this serious work wouldn’t ever allow me to stoop to such low levels as post something of no relevance or value.

Our EUR curve continues to drop, Bottom.1.1022. Range break above 1.1090, below 1.1064. Strategy. Longs above 1.1078, Target 1.1149, a drop from 1.1206 Sunday. If target met then reverse short back to 1.1113. Targets fell short since Sunday so look between 1.1135 – 1.1149 targets. If 1.1135 target then short reverse target becomes 1.1106.

Shorts Below 1.1077, Target 1.1049 then bottom at 1.1022. Points on the way down, 1.1070, 1.1063, 1.1056, 1.1039, 1.1022.

Always thank you to friends at FXstreet, must also thank Brother Dale, Live Analysis Room Fxstreet.com for always constant support.

Brian Twomey, Inside the Currency Market, btwomey.com

Inside the Currency Market: NZD/USD

NZD/USD. Bottom. 0.6554. Range break above 0.6605, Below 0.6570. Strategy. Long above 0.6588, target 0.6610 – 0.6621. Be aware 0.6605 is a range break. Points on the way up, 0.6592, 0.6601, 0.6610, 0.6621.
Shorts below 0.6587, Target 0.6570 then Bottom 0.6554. Points on the way down, 0.6582, 0.6573, 0.6570, 0.6563, 0.6554.

NZD already had a 65 pip run today. 48 pips in 8 straight hourly candles in the MY session and 17 in NZ trading. I wouldn’t take NZD long, I would look short particularly when the EUR curve dropped tonight yet again. And secondly, the NZD curve hasn’t moved higher enough to think long. EUR is coming in minutes.

Brian Twomey, Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

EUR/USD. Bottom. 1.1026. Range break above 1.1094, Below 1.1068. Strategy. Shorts below 1.1081, target 1.1073, 1.1060, 1.1053, 1.1039 then Bottom at 1.1026. To head higher, 1.1082 must break to target 1.1153. Points on the way up, 1.1095, 1.1121, 1.1129, 1.1137, 1.1145, 1.1153.

Brian Twomey, Inside the Currency Market, btwomey.com

Inside the Currency Market: EUR/USD

Proud honor to read Jimmy Rogers published an article last night on how anyone should’ve seen the Chinese Yuan devaluation long coming. Again I operate far ahead of the crowd even the best out there. To bad for the retail guys with famed names and called analyst, “My Little Boy Weller” is the latest from that cabal.

EUR/USD last night saw target lows 1.1063, I said 1.1067, off my 4 pips. Highs were 1.1117. Note 1.1117 was one of my special points. NZD/USD saw lows 0.6531, I said watch target 0.6524. Highs were 0.6556, also a special point mentioned.

EUR/USD. Bottom 1.1044. Range break above 1.1112, below 1.1086. Ranges extremely tight, its what they want. Strategy: Longs above 1.1100 but need a break of 1.1112 to get moving. Points above 1.1112, 1.1113, 1.1126, 1.1133, 1.1140, target 1.1171. May not be seen until later this afternoon. Below 1.1100, shorts to target 1.1072 but the range point at 1.1086 must break. Target overall is the Bottom 1.1044.

Brian Twomey, Inside the Currency Market, btwomey.com