EUR/USD is falling off highs reached on Friday, and loses a minor support line. Most of the day is light, but one event could shake the pair. Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar falling of 1.3334 EUR/USD Technicals Asian session: EUR/USD attempted to break above 1.3440 and fell. Current Range between 1.3267 to 1.334. Further levels in both directions: Below 1.3267, 1.32, 1.3114, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3334, 1.3430, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.2720 is a low, very strong support line. 1.3830 significant higher point – far away now. EUR/USD Fundamentals – 00:00 Ben Bernanke spoke on 60 minutes. His outlook was relatively optimistic, boosting the dollar. 9:30 European Sentix Investor Confidence. Exp. 13.2. 14:00 ECB Publishes amount of bond buying. * All times are GMT. EUR/USD Sentiment Contagion is weaker, thanks to Trichet. We’ll now know the size of bond buying, and whether it was sterilized or not. US Non-Farm Payrolls came out weaker than expected, weighing on the dollar. This will continue weighing. The Belgians want a bigger bailout fund, angering Germany. Talks about enlargement will also rock the Euro. Currensee Community: 48% are long , 52% are short. These are 1236 open positions in real accounts trading this pair at the moment. The community doesn’t believe in this Euro recovery. 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 Spanish Yields On the Rise Yohay Elam 12 years EUR/USD is falling off highs reached on Friday, and loses a minor support line. Most of the day is light, but one event could shake the pair. Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar falling of 1.3334 EUR/USD Technicals Asian session: EUR/USD attempted to break above 1.3440 and fell. Current Range between 1.3267 to 1.334. Further levels in both directions: Below 1.3267, 1.32, 1.3114, 1.30, 1.2920, 1.2722, 1.2587. Above 1.3334, 1.3430, 1.3640, 1.37, 1.3830, 1.3950 and 1.4030. 1.2720 is a low, very strong support line. 1.3830 significant higher point - far away now. 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.
