EUR/USD lost another cushion on the way down, as both Irish and Greek problems become contagious. Can it bounce here, or will the downfall continue? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar under 1.35 EUR/USD Technicals Asian session: A relatively quiet Asian session left EUR/USD unchanged. Current Range between 1.3430 and 1.3530 Further levels in both directions: Below , 1.3430, 1.3334, 1.3267, 1.3114 and 1.2920. Above 1.3530, 1.3640, 1.37, 1.3830, 1.3950, 1.4030, 1.4030, 1.4160, and 1.4217. 1.3334 significant lower point – this was an important peak in August, after which the Euro made a big decline. A struggle will probably be seen here. 1.3830 significant higher point. EUR/USD Fundamentals All times are GMT. Most important events emphasized. 13:00 US FOMC member Eric Rosengren talks. 13:00 US CPI. Exp. +0.3%. Core CPI exp. +0.1%. 13:30 US Building Permits. Exp. 570K. 13:30 US Housing Starts. Exp. 590K. 14:15 US FOMC member James Bullard talks. EUR/USD Sentiment Finland opposes aid to Ireland, and Austria refuses to pay Greece if it doesn’t meet the conditions for payment. The Euro-debt crisis is becoming ugly. CPI isn’t expected to move the markets, but a jump in the housing sector could give the dollar a boost. QE2 is heavily overshadowed by the European debt issues. Currensee Community: 51% are long, 49% are short, down from 57:43 yesterday. These are 1222 open positions in real accounts trading this pair at the moment. Want to see what other traders are doing in real accounts? Check out Currensee. It’s free.. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next AUD/USD Nov. 17 – Struggling on Low Support Yohay Elam 12 years EUR/USD lost another cushion on the way down, as both Irish and Greek problems become contagious. Can it bounce here, or will the downfall continue? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar under 1.35 EUR/USD Technicals Asian session: A relatively quiet Asian session left EUR/USD unchanged. Current Range between 1.3430 and 1.3530 Further levels in both directions: Below , 1.3430, 1.3334, 1.3267, 1.3114 and 1.2920. Above 1.3530, 1.3640, 1.37, 1.3830, 1.3950, 1.4030, 1.4030, 1.4160, and 1.4217. 1.3334 significant lower point - this was an important peak in August, after which the Euro made a big decline.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
