EUR USD - this is not surefire, however I favor more downside in May 2008.
Please see the attached chart, this is spectral analysis on extracted cycles on EUR USD dailies. We broke key 5600 level, and can expect further downside mid-term, capped with 5000-5200 area, which just happens to be monthly support zone in May.
Theme of the week is to short sell rallies towards 5600.