EUR/USD reached fresh highs and now approaching resistance. A day before the big Irish decision, here’s a quick update on , technicals, fundamentals, and community trends. EUR/USD moving forward. EUR/USD Technicals Asian session: EUR/USD consolidating just under 1.3600. Break came at the wake of the London session. Current Range between 1.3530 to 1.37.. Further levels in both direcstions: Below, 1.35, 1.3430, 1.3365, 1.3267, 1.3160, and 1.3110. Above 1.37, 1.3850, 1.40 and 1.42. Wide uptrend channel: Uptrend resistance began on Sep. 8 and uptrend support on Sep. 13. Trading is characterized with many hours of consolidation, followed by a few hours of sharp rises. EUR/USD Fundamentals All times are GMT. Most important events emphasized. 17:15: US FOMC member Eric Rosengren talks. EUR/USD Sentiment The inevitable second round of quantitative easing in the US weakens the dollar. Debt issues never went away, but the market currently disregards Irish and Portuguese high spreads. Worries can return anytime. On Thursday, the Irish government will present plans for dealing with the “hot potato” – the Anglo-Irish bank. We’re now in the “calm before the storm” 1.37 is important on the upside Currensee Community: 53% are long, 47% are short, slightly up from 53:47 yesterday. These are 1023open 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 Will the Aussie Pause on the Way Up? Yohay Elam 12 years EUR/USD reached fresh highs and now approaching resistance. A day before the big Irish decision, here's a quick update on , technicals, fundamentals, and community trends. EUR/USD moving forward. EUR/USD Technicals Asian session: EUR/USD consolidating just under 1.3600. Break came at the wake of the London session. Current Range between 1.3530 to 1.37.. Further levels in both direcstions: Below, 1.35, 1.3430, 1.3365, 1.3267, 1.3160, and 1.3110. Above 1.37, 1.3850, 1.40 and 1.42. Wide uptrend channel: Uptrend resistance began on Sep. 8 and uptrend support on Sep. 13. Trading is characterized with many hours of consolidation, followed by a few hours… 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.
