EUR/USD lost another important support line and is looking for further losses, fueled also by weak GDP in Germany and France. Will the pair stabilize or continue downhill? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar under 1.3640 EUR/USD Technicals Asian session: Fall continued below 1.37 and 1.3640 Current Range between 1.3530 and 1.3640 Further levels in both directions: Below 1.3530, 1.3430, 1.3334, 1.3267, 1.3114 and 1.2920. Above 1.3640, 1.37, 1.3830, 1.3950, 1.4030, 1.4030, 1.4160, and 1.4217. 1.3334 significant lower point 1.37 significant higher point. EUR/USD Fundamentals All times are GMT. Most important events emphasized. 6:30 French GDP. Exp. +0.5%. Actual +0.4%. First disappointment. 7:00 German GDP. Exp. +0.8%. Actual +0.7%. Second disappointment. 9:00 Italian GDP. Exp. +0.4%. 10:00 All-European GDP. Exp. +0.4%. 13:35 US FOMC member Daniel Tarullo speaks. 14:55 US Consumer Sentiment. Exp. 69.1 points. EUR/USD Sentiment Irish debt issues are becoming a problem once again, with Irish banks leading the pack. The gap between Irish and German bonds has widened. There are doubts on whether Ireland can pay its debt and which bailout is appropriate. This is the main driver of the Euro down. Talks about China limiting foreign activity sent the Shanghai stock exchange 5% lower, hurting the Euro as well. Bad European GDP just adds on to the Irish crisis. QE2 has a stronger effect on commodity currencies than the majors, although Europe begins to drag down everybody. G-20 statements will rock the markets. No significant agreement is expected, but any mention of currencies will move the markets. FX is high on the agenda. Currensee Community: 56% are long, 44% are short. These are 1151 open positions in real accounts trading this pair at the moment. Is the community seeing the dollar escape the bearish trend with QE2? 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 Nov. 12 – Free Falling on Global Problems Yohay Elam 12 years EUR/USD lost another important support line and is looking for further losses, fueled also by weak GDP in Germany and France. Will the pair stabilize or continue downhill? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar under 1.3640 EUR/USD Technicals Asian session: Fall continued below 1.37 and 1.3640 Current Range between 1.3530 and 1.3640 Further levels in both directions: Below 1.3530, 1.3430, 1.3334, 1.3267, 1.3114 and 1.2920. Above 1.3640, 1.37, 1.3830, 1.3950, 1.4030, 1.4030, 1.4160, and 1.4217. 1.3334 significant lower point 1.37 significant higher point. EUR/USD Fundamentals All times are GMT. Most important events emphasized. 6:30 French… 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.