EUR/USD managed to climb higher and settle above support just before Christmas. Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar drifring higher. EUR/USD Technicals Asian session: Active session saw EUR/USD trading in range, before falling at the wake of the European session. Current Range between 1.3115 to 1.3180. Further levels in both directions: Below 1.3114, 1.3070, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3114, 1.3180, 1.3267, 1.3334, 1.3576, 1.37, 1.3786, 1.3950 and 1.4030. 1.3050 new lower frontier. 1.3440 is important resistance above and remains as such after a breakout attempt failed. A downtrend support follows EUR/USD. (on the graph). EUR/USD Fundamentals – No events today. * All times are GMT. EUR/USD Sentiment Another Irish bank was nationalized. Portugal is under review for a downgrade and got one. France is danger of suffering a credit rating downgrade – France is Europe’s second largest economy. A downgrade or a warning will send the Euro way down. Spanish bond yields have stabilized at high levels, around 5.50% China said it helped the Euro-zone during the crisis, and is trying to get closer to Europe before the US-China summit. Will they push the Euro higher? Probably not. US bond yields take a break – they’re not challenging new highs. This mostly affects USD/JPY, but also EUR/USD. Currensee Community: 50% are long , 50% are short. These are 1245 open positions in real accounts trading this pair at the moment. 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 EUR/USD Daily share Read Next Forex Crunches for the Long Weekend – December 26 Yohay Elam 12 years EUR/USD managed to climb higher and settle above support just before Christmas. Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar drifring higher. EUR/USD Technicals Asian session: Active session saw EUR/USD trading in range, before falling at the wake of the European session. Current Range between 1.3115 to 1.3180. Further levels in both directions: Below 1.3114, 1.3070, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3114, 1.3180, 1.3267, 1.3334, 1.3576, 1.37, 1.3786, 1.3950 and 1.4030. 1.3050 new lower frontier. 1.3440 is important resistance above and remains as such after a breakout attempt failed. A downtrend support follows EUR/USD. (on the… 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.
