EUR/USD

The daily chart of the EUR/USD shows that price is chopping around in a rather narrow trading range. Not touching this for anything more than a short scalp until we get some clarity on Greece, or at least until the chart shows it's hand.

The EUR/USD weekly chart shows the some serious indecision, as we have the second week in a row that is represented by a doji. I guess a decision about where to go next will have to to wait until after next weeks Greek bond offering!

The EUR/USD 4 hour chart shows that price did what I expected and broke out of the red pitchfork (now removed) and rallied hard towards the median line of the green one, where it started falling again.

The EUR/USD 4 hour chart shows that price is stuck in this red pitchfork, but I wouldn't be surprised to see it pop out and reverse following the green one.

The EUR/USD weekly chart shows that this week is represented by an almost perfect doji, showing some indecision.

The weekly chart of the EUR/USD currency pair shows a brutal continuation of the recent weakness, in a move that shows why I love trading Forex much much more than the stock markets.

The EUR/USD daily chart shows that price once more bounced from the lower line of the red pitchfork.

The EUR/USD daily chart shows that price once more bounced from the lower line of the red pitchfork.

The 4 hour chart of the EUR/USD currency pair shows that during the Asian session price fell out of yet another wedge, which should result in much lower prices.