The daily RSI2 is finally getting some relief, but the stochastic has room to go more oversold. On the list of levels, 1.1445 is next.

A tide-turn warning in a Tracking market.

We can finally say that the swing high was made.

Where could the market go after losing the daily overbought status? Probably to neutral @ 50%, which is 1.09.

People who are calling for 1.40 do not seem to remember that when Europe was still functioning, 1.123 was lethally high for them. Now that the car industry, Germany is tits up, 1.18 probably just as high. So, on the way to 1.30, Europe would blow up multiple times with the double whammy of no exports (no income / no gdp) and high currency conversion rate.

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My new, 15-calibre album. I went the extra mile with no compression and maxed out quality wherever I could for this re-makes and remixes of my own songs made from scratch. No parodies this time, only original material.

The streaming version with AI images.