Trend is never side ways, never! Mkt may not move much but it is always moving. Long term on euro futures 1.1835 has to be broken before we can look for a trend change. Shorter term we are in a bear but I dont trust it but the FED will end doubt today.
I will have to agree. I think we might see this pair climb to quite a high, and then drop like a sack of bricks. Knowing this is irrelevant next to understanding when this will happen. I think that economic indicators in regards to this pair currently have little effect next to economic events that the mass general public can interpret. Of course, I could be dead wrong Take care, -Kastro