claydoctor

EURUSD pivot will be the bottom in oil

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FX:EURUSD   歐元 / 美元
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Just look, EURUSD has marked the oil bottoms of trends, and we are at the major support line NOW. When EURUSD pivots, oil bottoms, simple as that. But, not if, but when the dollar weakens, the markets will correct. So much riding on the ECB meeting results, to QE or not to QE, what will Germany do, and even if they do agree, will it have little or no effect on Euro devaluing to stimulate? No QE, or a very weak attempt, may cause the pivot. January 22nd and the week that follows may be a decade or century event. Yes, I believe it is that big. Well, does anyone else have any other ideas? Crickets, I hear crickets.
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