EURO and the US Dollar Updates:

In these increasingly chaotic markets and times, it's most important to draw back a little and give ourselves some perspective when looking at the markets.

True Value cannot be hidden over time.

An recent example can be seen in the Euro and US Dollar currencies.

There's been lots spoken and written in the media about the recent rise in the Euro's value, but, it that true?

Let's practice our own advice here and pull back a little bit from the day-to-day markets and use Time as our filter for trend.

Let's see what the Euro has been doing over the last 6-months or so:

What do your instincts tell you about the trend?

Still downward? Sideways?

Our "Golden Line of Intention" (which we use to determine what the big players are thinking) is telling us that the downtrend is still intact.

Now, let's put into practice what we advised at the beginning of this post. Let's use our longer-term perspective and check out the counter-currency to the Euro; the US Dollar.

As the US Dollar moves opposite to the value of the Euro, then, we should expect to see a long-term UPWARD TREND in the US Dollar if our assessment of the Euro continuing to go down is correct.

Let's take a look:

Ah-ha!

A good strong UPTREND continues in the US DOLLAR, as we can plainly see when we draw back a little to get some value perspective over time.

What's even more important to us is that this is entirely illogical according to the headlines we're reading and the economic news floating around right now.

When we find markets acting "contrary" to the masses intentions, then, you can be pretty sure we're being sold a line of BS to mislead us away from where the big money is digging the investment "gold".

Friends, this isn't "rocket science", but, then, all the rocket-scientists (in the guise of investment bankers and derivative experts) have been shown to be maniacs and fools (or worse, mega-crooks!).

By the way, if you haven't already seen the Jon Stewart clip where he shows you how CNBC leads tens of thousands of investors astray continuously, you can check it out here:

Conclusion: Money is still flowing into US Dollars and out of Euros. This too will change someday, but, for now, that's the "perspective" from here.  -George

 TAGS: Euro Prices, Euro price trends, US Dollar, US Dollar Index, Euro vs. USD, Euro/USD, golden line of intention, Euro Price Clues, Forex price patterns