OK I'll play since others are... I think the daily is clearly strongly to the upside, but since you want a purely technical reason, and just to demonstrate that you can usually find some combination of technicals to prognosticate just about anything ...

EURUSD

Rumors BIS (Bank of International Settlement) is selling into 1.3280

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Germany considering postponing the lions share of any new Greek aid says German newpaper... breaking news I'm gonna edit the breaking news part of this.... turns out this is talk going around pointing out an article in the German FT edition last ...

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Greek Cabinet to meet Wednesday to put the finalizations on the loan deal....

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Peer into the Chrystal Ball...

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Not saying the bias isn't topside... the strong hold yesterday of 1.3025 - 30 illustrates that... just that a better entry is likely in the offing for any who think they have missed the boat.

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Of course the only thing that matters is what the market thinks, but I THINK this is a ridiculous over reaction to a story that hit the wires just as Chicago came online... The story wasn't new. It isn't about any agreement, just that they have a ...

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According to govt official Greece is working on a final agreement to be put to leaders for approval today on wires causing spike.... we heard it from our resident Greek already... but the wires have it now and it is being traded on

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This is a very good thing. What we don't need at this time is grandstanding politicos. And maybe to keep the streets calm while so many are on strike today. Noteworthy developments I have picked up from my vast network of information gathering is ...

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SNB Jordan defends 1.2000 CHF barrier and says will spend unlimited amounts to prevent CHF from falling below 1.2000 but does not move floor. Which isn't to say they won't quietly melt it up with a stealth intervention, but no fireworks

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This can cause distortions in other EUR crosses and of course, those of us who have been betting on CHF floor moving to 1.2500 since the new year are quite pleased. SNB chairman Jordan is due to speak today in Geneva.

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Rumors are circulating that the SNB is conducting an operation to move the floor in EURCHF to 1.2200 today.

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Greek PM key meeting today with coalition leaders not till 4PM Athens time today.

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Good morning everyone... back in the trenches.... should be a day filled with fireworks.... strikes and demonstrations in Greece, market wound up like a spring on Greek political leaders meeting today... data releases, Bernanke speaks... lets make ...

EURUSD

I have several feeds, but the best is IFR Forex Watch

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Large offers said to be ahead of 3150 and that makes a lot of sense

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AP-- Greece says it accepts cuts of 15K public service sector jobs

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Just to remind traders of this earlier rumor as we are move into the 17:00 hour GMT.

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Merkel on German TV says refuses to acknowledge any Greek bankruptcy... we can not accept that.

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Traders speculate that heavy selling in USDCHF acted as a catalyst for this short squeeze... popping stops on dollar weakness

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