EURUSD

I was wanting to make this same comment. FOREX!!!

It is because Cameran + dispute at Syria.

expect strong USD if this Syria thing continues...

"RISK ON"

EU H4

the Swiss are buying dollars massively

Below fundamental may be the reason sha.

Grexit or Greece Exit of the Euro Zone has once again managed its way to the top of headlines, as it was first announced by German Finance Minister Schauble on August 20 and then confirmed by PM Merkel. This event obviously has the potential to develop into a full-on risk aversion event, especially considering economic recovery in the Euro Zone area was just getting started. Let’s take a look at the timeline and the details of the third bailout announcement so that we can prepare for the future:

1. On August 20, 2103 (DE) German Fin Min Schaeuble: “There will not be a new haircut for Greece but will be a new aid program” during CDU party rally.
2. On August 21, 2013 (DE) German Chancellor Merkel: We will not know how much additional aid Greece needs until mid-2014 – TV interview – Reiterates view of no more Greek debt haircuts
3. On August 22, 2013 (GR) Eurogroup head Dijsselbloem: Greece will need another aid package after the current one expires in 2014.
4. On August 26, 2013 (GR) Greece’s Fin Min Stournaras confirmed that Greece will have a financing gap of about €10B for 2014/15; will test the bond markets in H2 of 2014

So there you have it, Germany called for it, Eurogroup confirmed it, and Greece admitted to it.
But will this be enough to cause a “Grexit”? Well, that is the question, isn’t it?

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Regardless of whether or not Greece exits Eurozone, I believe EURUSD will suffer another sell-off as we approach mid 2014. Market is going to position ahead of this event, and with many politicians ready to do their posturing to take advantage of this event, I would not be surprised to see major sell-offs in EURUSD, although it is too early to say.
However, in the meantime, I would be focusing on Fed’s tapering as confirmation for taper would add more demand for the USD, and when you combine that with the uncertainty of Greece, you’ve got a good recipe for EURUSD sell in the short-term. As long as the recovery in the Euro Zone remains painfully slow, I believe EURUSD still is a SELL on rally play.

Where did you get this?Where is possibel to take this kind of information? Regards

more selling opportunity !!!
bull trap

with Swiss francs?

just waiting for big yen drop

USD/JPY train leaving for north

Yes, which one is the Ma you are using? Thanks.

Milam

35 is a level to watch here as Friday test somehow happened a bit late. I am looking for a long around here if the condituon I'm lookng for are present.

200ema

no REAL buyers yet

well, Gold, USD, CHF, and JPY are all gaining at the sae time which shows Syria case is more serious than what the media says.

well to me, Gold, USD, CHF, and JPY are all gaining at the sae time which shows Syria case is more serious than what the media says.

Buyer will show their tail if they see no more seller around.

Won't buy it yet...but 1,332x could lead back to new high is a setup occurs

I agree to an extend. Right now it is pure speculation. USD, CHF, JPY are considered "safe" currencies. My original comment was in reference to how most traders do not cross analyze, so when something goes "unexpected" they say "FU market. Forex, sucks man."

It will be interesting to see what happens if there is word of Syria action.