i will long again if the current 4H candle holds above today's low..

EurAnalysis

there are some support lines below now, shorting may work for scalping, catch a few pips and run away

EurAnalysis

maybe tomorrow's meeting of Merkozy and Draghi will do something

EurAnalysis

it is trying hard the break 1.3760 resistance with no luck. but i share your sentiment, we are possibly back to down.

EurAnalysis

on my chart the current level is fibo 23.6, (from 1.4244 to 1.3610) which can serve as support and resistance point. the next one is as you have pointed, 1.3850, which is fibo 38.2% retracement.

EurAnalysis

lucky you are your entry was something like gambling though...

EurAnalysis

now the line is on fib 38.2%. to be sure that uptrend is definitely over the price should test 50% which is 1.3845, that also may form the right shoulder. that would be done beautifully according to all rules

EurAnalysis

Banks Reaffirm Commitment to Greek Debt Deal url GET READY: Analysts Sound Off On The FOMC Meeting url

EurAnalysis

Greek gov emergency meeting is to start, with possible positive outcome, that is my personal opinion

EurAnalysis

i was planning to long for retracement, but it seems will not happen anytime soon

EurAnalysis

one more obstacle - 1.3770

EURUSD

1.385 will be checked once more, and after that its all green to 1.4 which will be the final zone, and then... Newton's law of gravitation...

EURUSD

it is not far from reality that we will see 1.4 today within a few hours. 1.39 has become a strong support zone. that's worth of noting before dreaming about 1.38. tomorrow is summit, so one needs to be prepared to pre-summit rumors mainly of ...

EURUSD

great trade. well done!

EURUSD

i am with you now it looks like time to short

EurAnalysis

euro ignoring everything, charts, fundamentals, no other option but to follow price action and watch naked chart...

EurAnalysis

question of the day. personal opinion: it will be broken

EurAnalysis

url The S&P is up 1%, the EFSF is gonna be levered up to EUR 1 trln, The SPIV is spiffy…EUR/’USD is back above 1.39. With the market still nursing a sizable long dollar position, the risk appears to be to the topside for EUR/USD if it can ...

EURUSD

Its all good.... — url

EurAnalysis

thats is the resistance zone. a bit slippy floor. potential break level.

EURUSD