EURUSD

http://www.athensnews.gr/portal/8/53170

It bounced off the new S1 daily pivot at 1.3224. The pivots are close together now due to the narrow trading.

The next pivot support is 1.3189 if it goes down further.

At the end the people can choose what they want.
If they Choose a goverment at the next election that says they will not accept the deal that have been made this weeks
Greece most likely have to default

i also think that the other goverments alrdy have take action to contain a default from greece by banks letting build off any strings they have to greece

The dutch Minister of Finance said yesterday that if greece would default we would handle it way better now then if greece would have defaulted right away this summer.

i asume this would go up for all EZ countries

nice link bro..

The troika had demanded cuts in supplementary pensions over a threshold of 150 euros a month. < (not easy)

You don't understand it at all.

The Greek people have lived a lavish life of retirement @ 50, everything paid for with borrowed money. You can't ask those people for too much austerity because they are not used to working for money and paying taxes.
And if they have they work, they don't want to pay taxes because they want to spend that money for themselves.

How can you be so rude to ask from the Greece to help solve the problem?

Hey that's what a bailout is all about .............. free money!

Of course we want to help those poor lazy Greek people.

once again we are waiting for Chinese direction ?
CPI & PPI in 1h

ATHENS (GREECE) - There is no agreement on reforms in Greece asking for Europe and the Eurozone is not going to wait and call today for a Eurogroup 18: after eight hours last night, a meeting Athens between the government and political parties are unable to overcome the impasse on new rigor that the Troika EU-ECB-IMF calls on Greece in exchange for new aid to 130 billion euros. A split node is above the inn, with those additional cuts. The prime minister hopes to resolve Lucas Papademos still dealing with the Troika in the night, and even the parties try to break the deadlock rivedendosi this morning, within hours of meeting in Brussels. Nobody seems to want to take responsibility for "hard choices that will mark the future of Greece for the next 50 years," said the leader of the extreme right (Laos) Karatzaferis after the meeting.

THE DRAFT AGREEMENT. The draft agreement, which has not been reached for the resistance parties on cuts to pensions, also provided a 20% cut in the minimum wage, thousands of layoffs, 15,000 of them in the public sector mergers of pension funds, privatization of 6 important holdings to cash 50 billion; pharmaceutical spending cuts from 1, 9% to 1.5% of GDP.

THE EU AND CONDITIONS OF THE IMF FOR AID. Europe and the International Monetary Fund (now the director general Christine Lagarde will Eurogroup) want two things from Athens before 18: the agreement with private creditors on the 'swap' titles (individuals accept new bonds losing over 70%), and the agreement with the EU Troika-ECB-IMF on the new treatment of rigor. Without both, the Eurogroup can not give the green light to 130 billion euros needed to avert default in Athens in March, when they go to expiry 14.5 billion of bonds. However, more funds are not enough, because there is a 'hole' from 15 billion to cover, as a result of deterioration of Greek finances. This too will discuss the Eurogroup, calling into question the ECB in the debt restructuring Hellenic. To respect the treaties, the participation of the ECB would be achieved through the exchange of Greek bonds with bonds issued by the fund-Save EFSF were: the Eurotower would thus refuse to part of the profits on those securities purchased at a discount of around 11 billion euros. One indication may come from the meeting of the board today. The agreement with the private sector seems to already be closed today, private creditors will meet in Paris to discuss the technical details of the agreement. After discussions with the government in recent days are prepared to suffer losses of more than 70% of the nominal value of securities, and to accept a coupon of 3.6% on new titles in 30 years. The agreement could cover existing bonds maturing in March. "The goal - said Deputy Economy Minister German Thomas Steffen - is not to charge to Greece 14.5 billion tranche maturing March 20, but that they are already included in that tranche under the plan sector involvement Private saving in Athens. " The contents of the agreement, however, will not be disclosed until you unlock the negotiations between Athens Troika, government and political parties. Everything is connected, because the Eurozone has to 'help' with the swap of a portion of private funds (30 billion euros in bonds that will be given EFSF 1-2 years), that will not come if the agreement there will be ' . Meanwhile, Standard & Poor's has announced that a devaluation of securities by 70% for Greece will trigger a "default driven", which should have no serious consequences because the forecast is "Greece in the euro yet."

Seems to have quite a bit of negative news for Euro.

What is the resoure of this news?

Morning everyone,

come on biggy bears

morning

what do you guys think if we will get positive numbers coming from china maybe a good long?

wow,morning ence fardli.any hunting right now?

BBL,
my lappy out of battery.

Right now China has nothing to do with it. It's all Greece now.

think so....half an hour left

look like to come down
but i not hunting right now
i not confident..any info

u not selling last nite?
i have 2 post + right now.lol

Done ...

And covered ...




;-|

http://www.mediafire.com/i/?zf1xxmwlj5rmaj2http://www.mediafire.com/?zf1xxmwlj5rmaj2
http://www.mediafire.com/i/?zf1xxmwlj5rmaj2

Support has been broken, MACD sell signal when red line and blue line crossed. Buy-sell volume pretty much in the middle from RSI indicator. Some of us selling, some of us buying.

Any other confirmation the bear will coming, please give me strength guys..
Correct me if I'm wrong