EUR/USD dipped down and peeked up, but is eventually trading in the same frustrating rang, now dropping within the range. Will it explode at the end of the week? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar in the frustrating range. EUR/USD Technicals Asian session: Quiet session in range. Current Range between 1.32 to 1.3267 Further levels in both directions: Below 1.32, 1.3114, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3267, 1.3334, 1.3440, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.3114 is strong lower support 1.3440 is important resistance above EUR/USD Fundamentals – 7:45 French Industrial Production. Exp. +0.4%. Actual -0.8%. 13:30 US Trade Balance. Exp. -43.5 billion. 13:30 US Import Prices. Exp. +0.9%. 14:55 US Consumer Sentiment. Exp. 72.4 points. 19:00 US Federal Budget Balance. Exp. -129 billion. * All times are GMT. EUR/USD Sentiment Spanish bonds yields rise again, as Trichet’s bond buying program is rather limited. 10 year yields currently at 5.30%. This is a good barometer for fear. ECB focuses its efforts on Portugal, after Ireland already fell – to prevent trouble from reaching Spain. Currensee Community: 41% are long , 59% are short. These are 1347 open positions in real accounts trading this pair at the moment. The community sees more drops in EUR/USD. 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 – Looking For Direction Yohay Elam 12 years EUR/USD dipped down and peeked up, but is eventually trading in the same frustrating rang, now dropping within the range. Will it explode at the end of the week? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar in the frustrating range. EUR/USD Technicals Asian session: Quiet session in range. Current Range between 1.32 to 1.3267 Further levels in both directions: Below 1.32, 1.3114, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3267, 1.3334, 1.3440, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.3114 is strong lower support 1.3440 is important resistance above EUR/USD Fundamentals - 7:45 French Industrial Production. Exp. +0.4%.… 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.
