EUR/USD is back to trading around the upper end of the recent trading range, under 1.25. We finally get some significant US indicators and tension also mounts towards the release of euro-zone GDP. We also have a speech by Fed Chair Janet Yellen. Will she mention the dollar or refrain from talking about monetary policy at all? Here’s a quick update on technicals, fundamentals and sentiment moving the pair. Asian session: The pair attempted to recover, but was blocked by 1.2440… Current range: 1.2360 to 1.2440. Further levels in both directions: Below: 1.2440, 1.2360, 1.2250, 1.2140, 1.2042. Above: 1.25, 1.2570, 1.2620 and 1.2660 1.2440 is a perfect separator, now back to support 1.2360 is the multi-year low and 1.25 is a very round number. EUR/USD Fundamentals 7:00 German Final CPI. Exp. -0.3%, actual -0.3%. HICP remains at 0.7% y/y. 7:45 French CPI. Exp. -0.1%, actual 0% – better than expected. 9:00 ECB Monthly Bulletin. It basically explains last week’s determined rate decision. 13:30 US jobless claims. Exp. 282K. See how to trade the claims with USDJPY.. 15:00 US JOLTs Job Openings. Exp. 4.81 million. 17:30 US FOMC member Charles Plosser talks. He is a known hawk. 17:45 US Fed Chair Janet Yellen talks. 19:00 US Federal Budget Balance. Exp. -11.5 billion. 20:30 US FOMC member Narayana Kocherlakota * All times are GMT. For more events and lines, see the Euro to dollar forecast. EUR/USD Sentiment More jobs data: Today we get jobless claims, which see their moving average at a 14 year low and JOLTs, which are closely watched by the Fed. These numbers are set to shed more light on the labor situation, after the mixed NFP The headline number disappointed with a gain of only 214K jobs in October. However, significant upwards revisions, a falling unemployment rate and a higher participation rate all countered the headline figure but were unable to balance the headline. It seems that profit taking was in place on Friday and follows today, after a nice run of the greenback. More: EUR/USD Reversal: What Does It Take? – Nordea QE of no QE?:: ECB president Mario reasserted his leadership by bringing forward a unified message about readiness to do more to battle low inflation, as the euro-zone faces a potential third recession. The commitment to bring the balance sheet towards the 2012 levels has now entered the introductory statement, and that in turn was signed unanimously by all ECB members. This put to an end the reported discontent within the bank.. More: Draghi Did It Again; EUR/USD En-Route To 1.20 – Danske, and also Expect Draghi To Prevail; Staying Short EUR/USD targeting 1.18 – BNPP. Euro-zone GDP eyed: Did Germany slip into a recession? While official expectations stand on growth in Q3 after a contraction in Q2, there is no clear consensus. Friday’s GDP numbers from the various member states as well as from the euro-zone as a whole are keeping investors nervous. In our latest podcast, we preview the NFP, run down the ECB, talk about the huge Japanese move, preview the UK and also talk about Brazil: Download it directly here. Subscribe to our podcast on iTunes. 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 DailyForex News Today: Daily Trading News share Read Next US jobless claims rise to 290K – dollar ticks down Yohay Elam 8 years EUR/USD is back to trading around the upper end of the recent trading range, under 1.25. We finally get some significant US indicators and tension also mounts towards the release of euro-zone GDP. We also have a speech by Fed Chair Janet Yellen. Will she mention the dollar or refrain from talking about monetary policy at all? Here's a quick update on technicals, fundamentals and sentiment moving the pair. Asian session: The pair attempted to recover, but was blocked by 1.2440... Current range: 1.2360 to 1.2440. Further levels in both directions: Below: 1.2440, 1.2360, 1.2250, 1.2140, 1.2042. Above: 1.25,… 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.