EUR/USD technical analysis today 29.07.2010:

The currency pair is rising towards 1.3100 area. Possible next target around 1.3150 area. If the price falls below 1.3000 area, then we may expect further decline around 1.2970.

EUR/USD technical analysis today 28.07.2010:

The currency pair remains in uptrend movement. Current price 1.3021. Possible next target around 1.3080 area in a couple of hours.

EUR/USD technical analysis today 27.07.2010:

The pair has been trading around 1.2980 area. Further decline towards 1.2900 area could be seen later on today. Overall technical indicators signal for increase.

GBP/USD technical analysis today 26.07.2010:

The currency pair remains in uptrend position. Current price 1.5460. Possible test in the next hours around 1.5510 area.

EUR/USD technical analysis today 26.07.2010:

Current price 1.2930. Further rise towards 1.3000 area could be seen in a couple of hours. If the pair breaks above 1.3050 then further rally close to 1.3200 area could also be seen.

EUR/USD technical analysis today 22.07.2010:

Current price 1.2830. It looks like another fall towards 1.2700 could be possible later on today. Most of the technical indicators bring negative signals for the European currency.

GBP/USD technical analysis today 20.07.2010:

Current price 1.5224. The technical indicators brought mixed signals based on the 4 hour chart. The pair may drop towards 1.5100 area later on today.

EUR/USD technical analysis today 20.07.2010:

Current price 1.2955. The price remains in neutral movement at the present moment. If the pair breaks above the 1.3000 area, then it may continue to rise towards the 1.3150-1.3180 area.

EUR/USD technical analysis today 15.07.2010:

The currency pair remains in uptrend movement. The pair is trading around 1.2900 zone. Main resistance is now located at 1.2950. If the pair breaks above this level, then we may expect further rise towards 1.3000 area.

Major ecominic events for today:

Two major economic events for the US dollar will be released today: Core Retail Sales m/m and Retail Sales m/m. These two reports will be released today at 12:30 p.m. GMT.

EUR/USD technical analysis today 13.07.2010:

Current price 1.2588. Further rise towards 1.2620 could be seen in a few hours. Most of the technical indicators bring mixed signals. Resistance is now located at 1.2750.

EUR/USD technical analysis today 08.07.2010:

The currency pair remains in uptrend position. Possible next targets around 1.2680-1.2700. Minor restistance is located at 1.2750.

German Industrial Production Report will be released today:

The report has risen in the last two months. It will affect the EUR in positive direcation if it rises this time again. The report will be released today at 10:00 a.m. GMT.

German Factory Orders m/m will be released today:

The forecast is 0.5%. The actual number must be higher than the forecast to be considered positive for the European currency. On the previous report on Jun 7, 2010 the forecast was -0.1% and the actual report number was 2.8%.

EUR/USD technical analysis today 06.07.2010:

The pair remains in uptrend position. We may expect another rise towards 1.2620 area could be seen in a couple of hours. Resistance is now located at 1.2650.

UK Halifax HPI m/m report will be released today:

It's a leading indicator of the housing industry's health. The forecast is 0.6% and the final report number must be higher than the forecast in order to be positive for the British currency on the market.

EUR/USD technical analysis today 05.07.2010:

Current price 1.2543. There are no major economic events today and the pair may be trading between 1.2580-1.2450 area. Possible rise in the next hours could be seen.

Major economic events for today:

The US Non-Farm Employment Change and the Unemployment Rate report will be released today at 12:3- p.m. GMT. Both reports may be positive for the US dollar although the Unemployment Rate is generally viewed as a lagging indicator.

EUR/USD technical analysis today 02.07.2010:

Current price 1.2520. It seems possible next target to be around 1.2480 zone. Technical indicators signal for increase. We may expect the forex market to close tonight above 1.2540-1.2560 area.

EUR/USD technical analysis today 01.07.2010:

The pair still remain in uptrend position. Current price 1.2445. Possible downtrend movement towards the 1.2380 zone could be seen in a few hours. Trading above 1.2460 could keep the pair above 1.2500 zone.