Bull or Bear? Impossible to tell if time frame is unknown. But main weekly trend is down no doubt. What helps to see overall picture is monthly chart, if in a downtrend keep an eye on preservation of monthly bar's high, so far this month we are just ...

EURUSD

EUR may only bounce, there is nothing in the air to make it change its trend. Like another poster (from Germany) has mentioned EU do want lower rates for EUR, they were going nuts when it was 1.6, they were going nuts when it was pushing 1.5, now we ...

EURUSD

I think EU will not be able to reject IMF's offer to loan Greece. Germany doesn't want to loan for understandable reasons, if IMF doesn't object it makes sense to allow it. Wouldn't you say?

EURUSD

NFP on Friday, if we see a positive number, then that will most likely help rising USD against all other currencies (forget about initial reaction, that's just a fart in a wind).

EURUSD

Greece most likely will receive funding, if not from Germany, than from IMF probably. That won't change anything & 1 year later or whatever we will be back to square one if not with Greece, then with another country in the EU. Unless we pull out of ...

EURUSD

USD index very close to lower bollinger band, some basing period and Euro will fall again, fundamentally Euro is still a sell, next weakness on daily chart will be good entry.

EURUSD

Looking on 4 hour chart this doesn't look like a typical bullish penetration through a major resistance, too spikey near resistance, as if certainty is not there.

EURUSD

The most important thing is that overall trend is down, even if he resigns or Greece starts pumping out 2 annual production of olives, EUR will still carry on down.

EURUSD

Euro may bounce, but it won't go far. Rebalancing is taking place in currencies. USD weekly trend still strong.

EURUSD

Check out USD monthly chart, we are looking at a forming inversed head & shoulders, USD is getting ready to take off, Greece has little to do with EUR vs USD rate. url

EURUSD

5:0 to England easy.

EURUSD

Why do most people seem to be under the impression that EUR/USD is going down because of Greece? Wasn't it the FED that raised the discount rate and isn't it USD index that is rallying still against other currencies? And what's wrong with lower EUR ...

EURUSD

but it was the FED that increased the discount rate, plus speculators always have and always will dump any instrument when something happens like what is happening to Greece, tough!

EURUSD

If you look at EUR/USD Monthly chart from year 2000 till present we are clearly in 3rd wave with 3rd being a failure swing. H&S is being formed because of the 3rd failure. Neckline runs around 1.29-1.26 (approximate), a break of that will send EUR ...

EURUSD

Bear trap it may be, but can you see an descending triangle on Weekly chart formed during last 3 weeks?

EURUSD

Long

EURUSD

I see EUR bouncing for about 400 pips prior to continuation of dominant bear trend.

EURUSD