EUR/USD manged to recover as hopes for a resolution in Ireland begin to take shape. Will the Euro reconquer important lines it lost, or is it just a retracement before another drop? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar above 1.35 EUR/USD Technicals Asian session: EUR/USD got further away from 1.3530. Current Range between 1.3530 to 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 – this was an important peak in August, after which the Euro made a big decline. A struggle will probably be seen here. 1.3830 significant higher point. Will the Euro rise towards this line and reconquer it? EUR/USD Fundamentals All times are GMT. Most important events emphasized. 9:00 European Current Account. Exp. -2.2 billion. 13:30 US Unemployment Claims. Exp. 442K. 13:30 ECB president Jean-Claude Trichet talks. 15:00 US Philly Fed Manufacturing Index. Exp. +5.1 points. 15:00 US CB Leading Index. Exp. +0.5%. 15:00 US Mortgage Delinquencies. 17:00 US FOMC member Kevin Warsh talks. EUR/USD Sentiment Ireland bailout terms discussed in depth. While Ireland still has cash for some time, the EU wants to prevent the contagion scenario, in which big economies such as Spain and Italy cannot raise money. A drop under 430K in US jobless will be a good sign and will boost the dollar back. Currensee Community: 52% are long, 48% are short, up from 51:49 yesterday. These are 1237open positions in real accounts trading this pair at the moment. 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: Corrective Recovery From 0.9720 Gregor Horvat 12 years EUR/USD manged to recover as hopes for a resolution in Ireland begin to take shape. Will the Euro reconquer important lines it lost, or is it just a retracement before another drop? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar above 1.35 EUR/USD Technicals Asian session: EUR/USD got further away from 1.3530. Current Range between 1.3530 to 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 - this was an important peak in August, after which the Euro… 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.