Focusing on Euro Volatility

This may be a holiday shortened week, but euro price action is already showing some negative dynamics. Our euro focus, however, is not via the usual price charts, but the 1-month volatility chart, which we shared with our Premium members on June 17. The latest volatility action (equivalent to VIX on EUR) reveals some important patterns. We bring to your attention in today’s Premium trades (9 of them) the EURUSD monthly volatility chart, whose bottoming pattern spells vital clues for the spot FX rate. Our 9 trades include EURUSD (2), EURJPY (2), GBPJPY (1 hit all targets), S&P500 (1), Dow-30 (1), Gold (1) and silver (1). Direct access here: http://www.ashraflaidi.com/products/sub01/access/?a=485 Non-members can click here: http://www.ashraflaidi.com/products/sub01/