I'll take that 1 step further and say 1.18; the 2010 lows. However 1.22 will occur first so spot on....

Euro falls below $1.25

Jonahky7 - pay off what they owe? Are you serious? That's WHY Greece HAS to leave the Euro and go to the drachma so they can devalue their currency and have a 'bankruptcy' just like Argentina did. All one has to do is 'read the charts'. The author ...

EUR/USD: This is why we don’t pick bottoms

What voodo do you base your assumptions on? What time frame, 4hour, 8-hour, daily? The 1.2680 number represents a .2352 level from the May 1 highs to last Friday's low - it's something I would expect to see. The .381 retracement is less than the ...

Risk trades falling, schatz yield hits record low

Here's a clue - close out your position(s) and get some education on the market(s). Best piece of advice I was ever given: THE TREND IS YOUR FRIEND - Learn it.

Risk trades falling, schatz yield hits record low

The problem with the eurozone is this: Countries have no financial methods of stimulating their individual economies. The mandate of the ECB is to control inflation for the EU members. However when on the PIIGS needs to stimulate their economy in ...

Greek Pro-Bailout New Democracy Party Leads in Six Opinion Polls

So let me ask you this, how is Greece supposed to payback the loans that they have already taken at 20%? Don't forget the Greek government is STILL taking in less then they're spending. The ONLY way for Greece to survice is to leave the Euro so they ...

Greek Pro-Bailout New Democracy Party Leads in Six Opinion Polls

With a pair like EUR/USD having a ATR of 120 pips I don't really consider a 30 pip 'gap' during a Saturday night when 90% of the institutional trades are at dinner/beach. The other thing to consider is this - no matter which party wins in Greece the ...

Eurozone crisis: if Greece goes, Germany's prosperity goes with it

While I agree that some retracement is in order with the news in Spain so glum and the 'whispers' of Greek runs on their banks there exists more 'fear' in the coming days. I've moved my stops down and won't add any more shorts but until the market ...

Speculative Investors' Bet On EUR's Fall Hit New Record High -CFTC

Ok Loadedgun, jokes aside lets look at the daily charts shall we? In the most recent decline of the EUR/USD beginning on May 1st until the market close Friday I would not be surprised to see a bounce back to the 1.2650 level (approximate .236 ...

EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

Like I care! As long as I keep making money, let the Euro go to .5. I HOPE Greece leaves the EU so I can vacation there for a lot less, after the riots cease of course. Spain's banks will shut early next week as the Spainards start a bank crisis. ...

Rtrs: Spain’s Catalonia region needs government help; running out of debt financing

They ran out of money and can't 'play' anymore.

EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

Newsflash Guest ... I've been saying to (and practicing what I preach) when the EUR/USD was 1.30. All I know is the all the 'little guys' I read keep hoping for the pair to resume it's climb but they can't give any reasons for their belief....AND ...

EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

Finally a man after my own heart. Nik it goes to show you're smarter than 70% of the other Euro's going up posters on this site.

EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

HAHAHAHAHAHAHAHAHA Keep smoking that crack

EUR/USD Cracks 1.25; 1.2330-1.2350 is the Next Key Support

Of course Monti says that because he, Hollande and the other PIIGS members want more free money. Merkel et al. won't all that to happen, therefore it won't happen.

Monti says the majority of leaders at EU summit backed Euro-bonds

When you look at the daily chart of EUR/CHF it looks like an EKG where someone had gone flatline then BAM! and electric shock to the heart.

EUR/CHF explodes

How ya doing now?

Wow…

You don't get it and neither do the Greeks/Spainards and other PIIGS members. This isn't personal - its business. If you don't want to work long hours and invest in your future that's fine but don't think you can live like those who do. Furthermore ...

Comments after EU leaders' summit

Actually not true! Once Greece goes to the Drachma and devalues it their tourism business will pick up and their economy rebound; however it will take 3-5 years but they would be able to pay back their loans for about 1/10 of what they actually owe.

Comments after EU leaders' summit

Hollande: You AREN'T getting any more money! You want to kick the can down the road AGAIN!

Hollande: Proposed Euro Bonds to EU leaders as next step