I see similiarity with EURGBP. Just the range of price is different.
For me the prices would go up, but it is a delicate moment. So, I think it is wise to see a confirmation. Share a LIKE.
market mover grexit but Italy stock is the best index YTD 2015 and go on ...solved Grexit
With the Grexit still inevitable, the only question remains when the Euro is going to crash. I suggest the 3rd or the 7th of July as major turning point... Very interesting days ahead in any case. Hope for the best, prepare for the worst!
Possible Grexit Scenario? will be taking a long position if the it goes as illustrated
GBP-USD Harmonic Analysis cypher . Very good level ration risik/profit
Grexit seems nice. Share a LIKE!
28/06/2015 - h 17:00 - Rome - Eurozone Rejects Greek Bailout Extension: All Bailout Programs Expire On June 30 - ELA to Greek banks maintained at its current level -Greek government will be "looking overnight at imposing capital controls and closing banks on Monday -People won't be allowed to take €300/day -: ECB SAID TO VIEW BANK HOLIDAY FOR GREECE AS...
WARNING! WARNING! WARNING! This is just a PSA. Take it or leave it. I'm not normally a fundamental trader but there are certain events that just can't be ignored. There is expected to be a big announcement regarding the Greek financial crisis this weekend that COULD affect the markets in a BIG WAY! Come Monday when the markets open, you could see HUGE gaps! This...
A SHS formation is nearly completed in the DAILY chart in SP500 (SPX) Only a few more trading days remains before completed. Coincides with the ending of june, and a very possible Grexit. A greek deal could postpone things a bit. After passing the neckline around 2080, next stop will be 2000 and bearmarket beginning more likely than ever. All the fundamentals are...
I draw my own S/R to show where price is respecting levels, You will find Fib retraces often line up pretty well with these lines :) Draw your S/R first then add fibs, you'll see. CCI peaked and is now heading south. Current 50% Fib reversal, Hopefully we are all down from here! Good Luck Trading!
The EUR/USD bearish movement is finally here, the slope suggest more downside bias, we expect another impulsive wave to 1.10, US data are too strong and the Greek issue is now a fact, no solution, nodeals, only rumors..and the old man say...BUY on news SELL on rumors
As expected the 1.138 - 1.140 area turned out a very profitable opportunity to short and this is what I suggest for the rest of this week. Stocking up on shorts (along the red line) is still the name of the game. The EU will most likely keep on falling until it touches 1.067 on Friday. ENJOY!
Price remains trapped in its bearish channel, despite a huge rally today. Expecting further bearish momentum tomorrow unless a deal is struck. Targeting shorts to the Outer TL, where I will then be looking for long positions.
What an opening... Although it came as a surprise, and although the shorts I left open during the weekend do not look very good upon that gap up, this is absolutely nothing to worry about. Quite the contrary, all that bullusion is giving us another great opp to stock up shorts before heading towards inevitable doom. ENJOY - Embrace change and stay safe!
UPDATE: As far as I am concerned there is close to 0 hope left that there might be a last-minute deal on Monday to prevent the implementation of capital controlls and finally the Grexit >>> Markets will respond "Not with a Bang but a Whimper" twitter.com >>> 'It's time to hold physical cash,' says one of Britain's most senior fund managers www.telegraph.co.uk...
Every time I have tried to find an NBG bottom, I have been wrong (just look at any of my previous NBG charts) But I just wanted to share this chart, to show people the insane amount of BUYING volume here. If you zoom out on the daily chart, and look at volume or accumulation - the amount of buying since March has grown like crazy. Are these crazy retail...
Based on the 1 day and 4 hour chart, the overall trend may be weakening but this looks like a long to me. Whether Grexit will fight against this remains to be seen.