Weekly Forex Commentary Using STOPD

Only so much seasonal can do when the correlation falling apart last week

Ninja (USD/JPY) seasonal down move working out well, should carry into this week.

 

Ninja should be done with the down move this week based on its seasonal.

 

A trading system for trading Loonie,
http://www.traderplanet.com/articles/view/166680-trade-the-canadian-dollar-profitably-here-s-how/

 

Ninja followed the seasonal script well last week.

Starting this week for 2 to 3 weeks, all Western majors suffer summer liquidity issues. Not the ideal time to engage in new swing plays.

 

Would Germany winning World Cup lift Euro higher?

I doubt that =)

 

Germany winning World Cup is bearish for Euro

 

Slo mo drop in EUR/USD is very similar to what happened to Euro when it was first introduced many years ago.

Deja vu.

 

Don't see any connections between this two events..The same thing is in the chart, you can check..

 

It's meant to be a joke ... people were so obsessed with that last few weeks

 

Euro falling is what the European officials want.

But that does not work well for the Fed.

Wonder what the response / jawboning will be