Empire State Manufacturing Index pushed the EUR down:

Empire State Manufacturing Index rose above the forecast and it reached its highest level (34.6) in about five years.

The data was announced today and the price EUR/USD went down with about 28 pips within 20 minutes. The next release of that data will be announced again in the middle of the next month.

TIC Long-Term Purchases was negative for USD:

The TIC Long-Term Purchases data pulled the American currency down a bit with about 15 pips.

EUR/USD in uptrend position:

EUR/USD current price 1.4951 and I expect the currency pair will reach 1.5000 at some point today. Fears of US inflation is putting pressure on the American dollar.

EUR/USD current price 1.4935

The currency pair has risen from 1.4840 up to 1.4935 and I assume that the resistance is located at 1.4940

Claimant Count Change positive for GBP:

The number of people claiming benefits due to unemployment has risen again but the rate of the increase has slowed the data indicated today. The news pushed the British currency to rise from the price of 1.5940 up to 1.6000 (profit of 60 pips) within minutes after the data was released.

EUR/USD is rising:

Current price EUR/USD 1.4883 and the price is expected to rise up to about 1.4950.

EUR/USD today:

Resistance level is located around 1.4800. Current price EUR/USD 1.4779. The currency may rise with some profitable pips today after the release of German ZEW Economic Sentiment data. Above 0.0 indicates optimism and the forecast is 58.6, on the other hand EUR/USD may take downturn to about 1.4750

Escape from the US Dollar began.

According to data from Barclays Capital in the third quarter, central banks have turned 63% of foreign exchange reserves in yen and euros, which is a unique record. The news may be a sign of another price drop of the American currency in the near future.

Support and resistance for EUR/USD today.

S3	S2	S1	R1	R2	R3
1.4620	1.4660	1.4703	1.4711	1.4740	1.4780

Trading with Oanda FX Trade.

OANDA uses innovative computer and financial technology to provide Internet-based forex trading, funds transfer, and currency information services to everyone—from individuals to large corporations, and portfolio managers to financial institutions. OANDA is a market maker and a trusted source for currency data, with access to one of the world's largest historical, high frequency, filtered currency databases.

More info:

http://fxtrade.oanda.com/