Gecko Global Charts

Euro Weekly Chart
- December/January are pivotal months as they tends to define the high or low for the following year
- The 3 year up trend reversed after the 12/26/05 weekly Gravestone candle from 1.36
- followed by a 2000 pip down trend in 2006 with confirmed Golden crossing
- 1/22/06 another Gravestone candle rejection from the weekly 50ma
- Dollar bull year 2 starting ?

click on image to view full size chart













_________________________________________
"08:19 GMT January 14, 2005
"eur/usd & usd/chf now converging from multi-year diametrically opposite extreme levels.. sometime in the near future, the twins will meet at/near 1.25 then say good bye to each other for a long long time.." ie.

converging to 1.25
eur/usd 1.36->1.32->1.30-> * 1.25 <-1.19<-1.17<-1.13 usd/chf

diverging from 1.25
usd/chf 1.36<-1.32<-1.30<- * 1.25 ->1.19->1.17->1.13 eur/usd"

Labels: Euro