Friday, 27 January 2012

EUR/USD technical analysis today 27.01.2012:

Current price 1.3106. There is not a clear indication for taking a position at this hour. If the price drops below 1.3090 then we can expect further decline towards 1.3070 area. On the other hand if the price breaks above 1.3125 then next target may be around 1.3140-1.3150.

@ 9:00am GMT - M3 Money Supply y/y - medium
@ 1:15pm GMT - ECB President Draghi Speaks - medium
@ 1:30pm GMT - US Advance GDP q/q - high 
@ 1:30pm GMT - US Advance GDP Price Index q/q - medium
@ 2:55pm GMT - US Revised UoM Consumer Sentiment - medium

Thursday, 26 January 2012

EUR/USD technical analysis today 26.01.2012:

The currency pair remains in neutral movement at this hour. We can expect next target to be around if the price 1.3080 if the price drops below 1.3100. On the other hand if there is a clear break above 1.3120 then we can expect further rise 1.3150 area.

@ 1:30pm GMT - US Core Durable Goods Orders m/m and Unemployment Claims - high
@ 1:30pm GMT - US Durable Goods Orders m/m medium
@ 3:00pm GMT - US New Home Sales - high

Wednesday, 25 January 2012

EUR/USD technical analysis today 25.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.3032. If the price breaks above 1.3045 then next target will be around 1.3060-1.3070. On the other hand if the price drops below 1.3010 then we can expect further decline towards 1.2970 area.

@ 9:00am GMT - German Ifo Business Climate - high
@ 1:15pm GMT -  ECB President Draghi Speaks - medium
@ 3:00pm GMT - US Pending Home Sales m/m - high
@ 3:30pm GMT - Crude Oil Inventories - medium
@ 5:30pm GMT - FOMC Statement - high
@ 5:30pm GMT - Federal Funds Rate - medium
@ 7:15pm GMT - FOMC Press Conference - high

Tuesday, 24 January 2012

EUR/USD technical analysis today 24.01.2012:

Current price 1.3006. The pair remains in neutral movement at this hour. If the price continue towards 1.2990 then we can expect further decline towards 1.2975 area. On the other hand if the price breaks above 1.3015 then next target may be around 1.3030-1.3045 area.

@ 8:00am GMT - French Flash Manufacturing PMI and French Flash Services PMI - medium 
@ 8:00am GMT - German Flash Manufacturing PMI and German Flash Services PMI - medium
@ 9:00am GMT - EU Flash Manufacturing PMI and Flash Services PMI - medium
@ 10:00am GMT - EU Industrial New Orders m/m - medium
@ 2:00pm GMT - Belgium NBB Business Climate - medium

Monday, 23 January 2012

EUR/USD technical analysis today 23.01.2012:

The currency pair remains in uptrend movement at this hour. Current price 1.2936. The price broke the resistance level at 1.2930 and we can expect next target to be 1.2950-1.2960. A clear break above these levels will indicate further rise towards 1.2980 area. On the other hand if the price drops below 1.2915 area then next target may be around 1.2900-1.2890.

Friday, 20 January 2012

EUR/USD technical analysis today 20.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2953. We can expect next target to be around 1.2920-1.2900 if the price drops below 1.2940. On the other hand if the price breaks above 1.2965 then next target may be around 1.2980 area.

@ 7:00am GMT - German PPI m/m - medium
@ 3:00pm GMT - Existing Home Sales - high