EUR

On the graphic plan it seems that there is a big head&schoulders inverted on eur/usd which could augur of a rally until 1.3700 again, (I am not really convinced of it)
but fundamentaly I think that the meetings of this weekend are again going to bring nothing as regards the grece, the help is already in the prices and the movement of Friday seems to be the same that 15 days ago on eurusd. A big gap gets ready for the Sunday evening opening for the decline.

djellal

Just regarding Greece I see all cards are on the table over weekend Greece won't declare default sunday and no statement from IMF either. Monday everything could happen. Agreed G20 on reserves requirement for banks could be a big trigger for EUR selloff. Anyway I sold EUR/USD long @ 1339 bought at 1325 that's not that bad. But didn't open short.

lalobertone

for me its easy to jsut forecast as i dont trade this one
incase of huge gap down its gonna filled so one can close its position jsut missing the probable downside
but 200 pips its too much just a default can bring such gap in eurusd
another one is capital requirement ratio over derivatives products that is discussed in G20 if i dont mistake; if more capital required for banks over their derivatives position than that can trigger a selloff in eurusd
but i repeat any gap is filled just have to wait.

here is one strategy for the one that dont shoot once on doing things in life.
SLB schlumberger
sell call at 73-73.5
buy put at 74
conserve ur share for more upside over the next months years

said would you stay short