EUR/USD managed to break through the resistance line that capped it, but didn’t get to far. Trading volume is on the rise after the long weekend. Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar breaking resistance. EUR/USD Technicals Asian session: EUR/USD had an active session and it broke above 1.3180.. Current Range between 1.3180 and 1.3267. Further levels in both directions: Below 1.3180, 1.3080, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3267, 1.3334, 1.3576, 1.37, 1.3786, 1.3950 and 1.4030. 1.3080 important support below 1.3440 is important resistance above and remains as such after a breakout attempt failed. EUR/USD Fundamentals – 14:00 US S&P/CS Composite-20 HPI. Exp. -0.1%. 15:00 US CB Consumer Confidence. Exp. 56.3 points. 15:00 US Richmond Manufacturing Index. Exp. 11 points. * All times are GMT. For more events later in the week, see the EUR/USD forecast. EUR/USD Sentiment The Chinese rate hike risks global growth and triggered risk aversive trading, but at least for now, the effect is fading out. Irish banks are still troubled and may draw weigh on the Euro. 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% Trading volume isn’t as thin as yesterday, but it’s still low in comparison to regular days during the year. Currensee Community: 50% are long , 50% are short. These are 1270 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 FxPro Monthly Revenue – $1000 Per Client Yohay Elam 12 years EUR/USD managed to break through the resistance line that capped it, but didn't get to far. Trading volume is on the rise after the long weekend. Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar breaking resistance. EUR/USD Technicals Asian session: EUR/USD had an active session and it broke above 1.3180.. Current Range between 1.3180 and 1.3267. Further levels in both directions: Below 1.3180, 1.3080, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3267, 1.3334, 1.3576, 1.37, 1.3786, 1.3950 and 1.4030. 1.3080 important support below 1.3440 is important resistance above and remains as such after a breakout attempt failed. EUR/USD Fundamentals… 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.