Euro, looking ahead..

Risk assets (almost everything excluding the US $), tend to move simultaneously. That means that the Euro will likely top out at the same time the S&P makes a major top. Of course, the relationship between the different assets is not exact, but rather rubberband-like.. There will be variations and divergences on certain days, but in general everything tends to move against the safe currencies (US $, CHF, Yen).

This is why the Eur/Usd cross is so important. It is the barometer of 'risk taking'. A crashing Eur/Usd will take down everything with it, and that includes the precious metals, commodities and stocks...

This is a rough version of what i think lies ahead for the Euro..I will smoothen out all the waves soon, but for now, i think we're going higher.