EUR/USD technical analysis today 28.02.2011:

Current price 1.3767. At the moment, the currency pair remain in neutral position. Most likely, we may expect some downtrend movement towards 1.3720 area in the next a few hours. The US Pending Home Sales m/m report will be released today at 3:00pm GMT, which may highly impact the US dollar against the major currencies on market depending on the result.

EUR/USD technical analysis today 25.02.2011:

The currency pair remain in uptrend movement. Current price 1.3830. Next target will probably be around 1.3850-1.3860 in the next hours. The US Prelim GDP q/q report will be announced today at 1:30 pm GMT, which may affect the US dollar.

EUR/USD technical analysis today 24.02.2011:

The European currency dropped down to 1.3700 in the last a couple of hours. The currency pair is now trading close to 1.3800 area. If the price keeps trading above this price, the uptrend movement will continue towards 1.3840-1.3850. There are three major events today: US Core Durable Goods Orders m/m and Unemployment Claims. Both reports will be released at 1:30 pm GMT.  The third major report is the US New Home Sales, which will be announced at 3:30pm GMT.

EUR/USD technical analysis today 23.02.2011:

The currency pair is moving up at the moment, and we may expect next levels to be around 1.3750-1.3760 in the next hours. The main resistance is now located at 1.3740. Only a break below 1.3700 may take price a bit down towards 1.3680 area.

EUR/USD technical analysis today 22.02.2011:

The currency pair remains in downtrend movement. Current price 1.3539. Based on the hourly chart, it looks like the next level will be around 1.3500. A this price, the pair may start moving upwards at some point. Most indicators show negative movement for the European currency at the moment, which will probably continue throughout the whole day.

EUR/USD technical analysis - evening update:

The currency pair remains oversold at the moment. Current price 1.3660. We may expect further rise towards 1.3700 area. If the price breaks below 1.3620, we can expect further downtrend towards 1.3550 in the next hours.

EUR/USD technical analysis today 21.02.2011:

Current price 1.3660. Next targets are 1.3630-1.3610 in the next hours. The currency pair remains in downtrend movement. Main resistance is now located at 1.3680. If there's a clear break above this level we may expect some upwards movement towards 1.3700 area.

EUR/USD technical analysis today 18.02.2011:

The currency pair still remains in downtrend movement. Current price 1.3586. We may see another rise towards 1.3600 area, and then the downtrend should continue towards 1.3550. A break below this level will take the price even further down to 1.3520. The US governor Fed Chairman Bernanke Speaks today at 1:00 pm GMT. Volatility is often experienced during his speeches as traders try to figure out interest rate clues.

EUR/USD technical analysis today 17.02.2011:

Currently the pair is trading around 1.3565. Next targets are 1.3540 and 1.3520 area. A break below these levels could take the price down towards 1.3480. If the price breaks above 1.3550, we may expect further movement towards 1.3580-1.3590 area.

EUR/USD technical analysis today 16.02.2011:

The currency pair remains in downtrend movement at the moment. Current price 1.3465. Next target seems to be around 1.3420. If only the price breaks above 1.3490 area, we may expect some upward movement.

EUR/USD technical analysis today 15.02.2011:

Current price 1.3495. Next levels will probably be around 1.3530-1.3550 in the next hours. If the price breaks above these levels, the uptrend movement will continue towards 1.3600 area.

EUR/USD technical analysis today 14.02.2011:

The currency pair remain in downtrend movement at the moment. Current price 1.3511. Next target will probably be around 1.3480 in the next hours. If there's a clear break below this level, further decline could be seen.

EUR/USD technical analysis today 11.02.2011:

Current price 1.3615. Next level could below 1.3600 area. The pair remains in downtrend movement. We may see some upward movement towards 1.3640-1.3650 and possible downtrend later on today.

EUR/USD technical analysis today 10.02.2011:

Current price 1.3646. The pair remains in downtrend movement. Next target could be around 1.3620-1.3600. If the price drops below these levels, we may expect further downtrend. There's a major event today for the US Unemployment Claims report which will be announced at 1:30pm GMT.

EUR/USD technical analysis today 09.02.2011:

The currency pair has been trading between 1.3620-1.3645 in the last hours. There are no major indicators at the moment in either direction. Possible next target around 1.3660. We may see some movement after the report for the US Crude Oil Inventories, which will be released at 3:30pm GMT.

EUR/USD technical analysis today 08.02.2011:

Current price 1.3623. At the moment, the pair remains in uptrend movement towards 1.3650. A clear break above this level, could trigger the pair to 1.3700. Otherwise, trading around 1.3600, will probably take the pair down to 1.3570 in the next hours.

EUR/USD technical analysis today 07.02.2011:

The currency pair remains in downtrend movement. Current price 1.3592. Possible next target around 1.3550 in a couple of hours. Main resistance is located at 1.3630. Only a break above this level, could take the price up to 1.3680 at some point.

EUR/USD technical analysis today 04.02.2011:

Current price 1.3629. Next target will be around 1.3600, and then we may expect some upward movement towards 1.3650 at some time today. In general, the currency pair remain in downtrend movement. A key factor may be the release of Non-Farm Employment Change and Unemployment Rate reports at 1:30 pm GMT,  which could affect the price of EUR/USD in either direction.

EUR/USD technical analysis today 03.02.2011:

The currency pair is moving downwards at the moment, towards 1.3790. Next target seems to be around 1.3760. A clear break below this level could trigger the pair down to 1.3740. Trading above 1.3800 area, will probably take the price towards 1.3850 later on today.

EUR/USD technical analysis today 02.02.2011:

Currently, the pair remains in downtrend movement. Current price 1.3798. Next target could be around 1.3780, and then we may expect another rise above 1.3800 area. It seems that the price could reach 1.3850 later on today.

EUR/USD technical analysis today 01.02.2011:

The currency pair remains in uptrend movement. Current price 1.3770. Next targets could be close to 1.3800. If the price keeps trading above this level, another rise towards 1.3840 could be seen. Otherwise, we may expect some downtrend movement towards 1.3750 at some point.