P3tr4のブログ

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Bears on the Euro!!

The Euro is in big trouble. Greece defaulting on its IMF payments is a bad sign.
the charts tell the whole story.
Macd has been under zero for months.
we had a pullback to 1.14, but it is looking like the bears are out.
If the euro goes below 1.0800 on the eurusd, then 1.0500 is next. Then parity.
That parity figure looks very attractive right now.
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Buying the euro

Morning all, i have started buying the euro everywhere i can get it. I have placed 3 trades all in the favour of the euro. Long on EURUSD, EURJPY and short on the USDCHF since it does the exact opposite with the EURUSD. i am also looking at the EURUSD closing the gap that was formed over the weekend.
Right now i am in the green..
After ranging for so long i am hoping it will rocket sky high.
The odds look good, but this is the forex market and anything can happen, so i am very cautious, price ca…
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