short term charts(less than an hour) are showing a bit of an oversold bounce on both MACD and RSI---especially RSI. --nice rising lows on the indicator. Most likely there will be a better time in the near future to short again. Hourly chart does not reflect yet the upturn.
While nothing is impossible, I think that 1.10, forget about parity, is quite absurd and has no basis of reality considering present fundamental, technical or geopolitical environments. This is what I call an "extremist" viewpoint, much like those who were shouting 1.40 1.50 during the beginning of 2005 end of 2004. Reality is seldom this extreme, but more in the middle.
Thanks again to Ivan for directing attention to another of my winning calls; I didn't short EC but saved money by not buying after GDP. EC momentum since New Year's is up not down. Since my last post have started buying silver rather than gold.
Since you never post your positions like the rest of us, how can we possibly know what your winning calls are? Oh wait, that's right. You tell us after the fact. Sorry, my bad.