EUR/USD leaned lower at the wake of the new week and then climbed higher, still within a limited range. When will it explode? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar in the frustrating range. EUR/USD Technicals Asian session: Dipped to 1.3180 and climbed back. Current Range between 1.3180 to 1.3267 Further levels in both directions: Below 1.3180, 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 – 18:30 ECB president Jean-Claude Trichet talks * All times are GMT. For the major events due later in the week, see the EUR/USD outlook EUR/USD Sentiment Spanish bonds yields continue rising. This Euro-crisis barometer is at 5.43%, getting close to the peak at the height of the Irish crisis. ECB focuses its efforts on Portugal, after Ireland already fell – to prevent trouble from reaching Spain. Irish parliament set to approve bailout plan on Wednesday. Currensee Community: 50% are long , 50% are short. These are 1291 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 Gain Capital IPO This Week Yohay Elam 12 years EUR/USD leaned lower at the wake of the new week and then climbed higher, still within a limited range. When will it explode? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar in the frustrating range. EUR/USD Technicals Asian session: Dipped to 1.3180 and climbed back. Current Range between 1.3180 to 1.3267 Further levels in both directions: Below 1.3180, 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 - 18:30 ECB president Jean-Claude Trichet talks * All times are… 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.
