Euro basically bounced off every single time it hits the support since April's low....... Mario felt humiliated after the pretty woman messed up his ECB conference, he's now taking revenge and trying to prove to the world that he is da man.

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This Euro monster most likely going to visit last week's high of around 1.4 on this move if momentum doesn't fade away. Looks dangerous for the bears now....... if it hits that previous high and form some kind of consolidation at that level........ ...

EURUSD

Last suppport lvl was at 1150 - 1200 region. I think the immediate danger for the shorts is that Euro moves up 100 pips higher from here and form a support there on the 4hr TF and higher. Bears will have too much work to do if that happens, making ...

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1.137 - 1.14 still a possible target zone. I believe the bears have to bring it down before it reaches the above level..... otherwise........

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Too risky to short here.

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Lol i'm guessing the next lucky number after 1290 must be 1320

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Gator. If this move fails we may still see 1100, isn't this the case? Am abit clueless on the 1186 lvl you posted. Need some help.

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possible too..... but i don't think i want to short this.

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Potential back to 1.39 lvl....... support unchanged at 1151 meaning still possible for retrace back to that lvl........ if it goes up straight........ 1.11 is out of the picture and very very tough for bears to reclaim it.

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Fasten your seat belt.........

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Dunno who it is..... but they have done it several times for few weeks now, run Euro to the support, get the bears to short it and then spike it up without warning back to sit on the uptrend line....... this has happened at least 5 times since ...

EURUSD

If Euro goes back to sit above the uptrend line at 1350 - 1380 and consolidates............ 1.1 and maybe even 1.11 is out of the picture

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Look at what you wrote, you were asking me to look at the gap at 98 - 100. Then you talk about 112, yes there is a gap there. So are you talking about 98 or 112?

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Yes there is one at 112 level from the overnight opening. You mentioned 98 - 100, so far no gaps on that lvl from my charts.

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I am talking about gaps on Daily or higher, not anything below. There are lots of small gaps that don't get filled. All big gaps from years back of data that i can retrieve all got filled eventually, sometimes it goes much lower or higher before ...

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I have had instances whereby the consolidation range goes 100 pips each way, especially on larger TF, so 1.10 is a possibility no doubt. I actually think Euro may just grind up higher and higher. There is a gap at 1.2 yet to be filled...... GBP has ...

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Looks like 1150 +- 50 pips is the consolidation level for the next move up. May test previous low from last week...... but i think it will hold.

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Looking at the longer term chart now, we still have a gap at the 1.2 level not close. We got pretty much a bullish close on all TF charts bi-weekly or larger....... not saying this is going to hit 1.2 mid term, but can't rule this out.

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You don't get it? He is referring to your prime broker.

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As a summary, i believe they are saying that Greece will survive for now but longer term fundamentals are still crap, thus they expect the squeeze to go on. But they gave no explanation as to how they got a 1.15 round number, looks like they just ...

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