EUR/USD lost a lot of ground and fell to lower support as the Irish crisis is still on, and on the tension between North and South Korea. Will it reach fresh lows, or will it stabilize on this busy day? Here’s a quick update on technicals, fundamentals and community trends. Euro/Dollar bounced off 1.3530 EUR/USD Technicals Asian session: EUR/USD gradually dropped from 1.3640 downwards. 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. 1.3440 significant lower point – this was the lowest in two months. 1.3530 has to be taken first. 1.3830 significant higher point. EUR/USD Fundamentals All times are GMT. Most important events emphasized. 7:00 German Final GDP. Exp. +0.7%. Actual +0.7%. 8:00 French Flash Manufacturing PMI. Exp. 55.2. 8:00 French Flash Services PMI. Exp. 55. 8:30 German Flash Manufacturing PMI. Exp. 57. 8:30 German Flash Services PMI. Exp. 55.9. 9:00 Flash Manufacturing PMI. Exp. 54.4. 9:00 Flash Services PMI. Exp. 53.2 13:30 US GDP. Exp. +2.3%. 15:00 US Existing Home Sales. Exp. 4.5 million. 19:00 US FOMC Meeting Minutes EUR/USD Sentiment The Irish government seems to have lost support to pass the plan – putting a big doubt over the feasibility of the bailout plan. It’s also important to note headlines from Portugal, which is already marked as the next domino. North Korea fired shells at the south. This also weighs on the Euro – risk aversion. Chinese hike of the reserve requirement doesn’t have an impact on the Euro. A hike in the Chinese interest rate is what’s needed to take the Euro down. An upwards revision of US GDP will boost the US dollar. Currensee Community: 52% are long , 48% are short- yesterday we had more shorts. These are 1257 open 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 Rumor – Kim Jung Il Dead – Can Explain North Yohay Elam 12 years EUR/USD lost a lot of ground and fell to lower support as the Irish crisis is still on, and on the tension between North and South Korea. Will it reach fresh lows, or will it stabilize on this busy day? Here's a quick update on technicals, fundamentals and community trends. Euro/Dollar bounced off 1.3530 EUR/USD Technicals Asian session: EUR/USD gradually dropped from 1.3640 downwards. 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. 1.3440 significant lower point - this… 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.