EUR/USD technical analysis today 29.04.2011:

The currency pair is trading around 1.4840 at the time of writing. The pair remains in uptrend movement. Next target seems to be around 1.4900 area. A clear break above this level could keep the price high during the sessions today. On the other hand, if we there's a clear drop below 1.4800, further decline towards 1.4770 could be seen.

EUR/USD technical analysis today 28.04.2011:

The currency pair remains in uptrend movement. The price went up to 1.4850 from 1.4570 within the last 10 hours. We may expect further rally towards 1.4900 area in the next hours. A drop below 1.4800 could take the price down to 1.4750.

The US Advance GDP q/q and Unemployment Claims reports will be released today at 12:30 pm GMT. Then, at 2:00 pm GMT, the US Pending Home Sales m/m report will be announced. These three reports may impact the movement of the US dollar in either direction depending on the results.

EUR/USD technical analysis today 27.04.2011:

Current price 1.4670. The currency pair remains in downtrend movement at this hour. Possible next targets 1.4640-1.4620 in the next hours. A clear break below 1.4600 may take the price down to 1.4580 area.

These are the events on the forex market for today:

- European Industrial New Orders m/m report at 9:00 am GMT
- US Core Durable Goods Orders m/m report at 12:30 pm GMT
- US Federal Open Market Committee at 4:30 pm GMT

EUR/USD technical analysis today 26.04.2011:

The currency pair remains in neutral movement at this hour. Current price 1.4550. Possible next targets up to 1.4590. A clear break above this level could trigger the price above 1.4600. On the other hand, trading below 1.4520 may take the price down towards 1.4500.

On the market calender, The US Conference Board Confidence report will be announced at 2:00pm GMT, which a leading indicator of consumer spending. The report could have a strong impact in favor of the US dollar.

EUR/USD technical analysis today 21.04.2011:

The currency pair remains in neutral movement at this hour. Currently the price is trading around 1.4621. Most of the major technical indicators bring mixed signals. We may expect sideways movement 1.4600-1.4650.

EUR/USD technical analysis today 20.04.2011:

The currency pair is trading above 1.4500 area. Current price 1.4515. Next targets could be 1.4540-1.4550. Based on the 4 hour chart the pair remains in uptrend movement. A clear break above 1.4550 could take the price up to 1.4570. Trading below 1.4500 could bring mixed signals for the next hours.

EUR/USD technical analysis today 19.04.2011:

The currency pair remains in downtrend movement. Current price 1.4260. If the price moves up to 1.4300 area, we may see a strong decline towards 1.4230. A clear break below 1.4200, could keep the price around this level during the sessions today.

On the market calendar, there are two major news - the US Building Permits report will be published at 12:30pm GMT. At the same hour, another report - US Housing Starts will be also released.

EUR/USD technical analysis today 18.04.2011:

The current price is 1.4363. Most of the major technical indicators bring mixed signals in last hours. Possible downtrend movement could be seen towards 1.4330-1.4310 area during the market sessions today.

EUR/USD technical analysis today 15.04.2011:

The pair will remain in uptrend movement towards 1.4520-1.4540 area in the next hours. A drop below 1.4460 will take the price to 1.4450. Suggest to buy at 1.4480 with targets 1.4520.

On the forex calender for today, we will see a report for the US Consumer Price Index (CPI) at 12:30pm GMT. Then, at 1:00pm GMT, the US Treasury International Capital (TIC) will be released. A strong impact on the market could be expected from the both reports.

EUR/USD technical analysis today 14.04.2011:

The currency pair is moving up towards 1.4510. We may expect this uptrend movement to continue up to 1.4550 area in the next hours. If the price drops below 1.4475, further decline could be expected. On the one hour chart EUR/USD remains bearish at the moment. It looks like EMA 10 will be crossing EMA 25 and 50 EMA, which may signal for bearish reversal.

On the market calendar, there are two major events for today. The US Producer Price Index m/m and Unemployment Claims will be released at 1:30pm GMT.

EUR/USD technical analysis today 13.04.2011:

The currency pair is moving upwards above 1.4500 area. We may expect further rise towards 1.4530 in the next hours. Only a clear decline below 1.4470 could take the price down to 1.4450.

The US Core Retail Sales m/m and Retail Sales m/m reports will be announced today at 12:30pm GMT. Both reports may have a strong impact over the market.

EUR/USD technical analysis today 12.04.2011:

The currency pair remain in downtrend position in the last hours. Current price 1.4383. Possible next targets are 1.4360-1.4350. If the price breaks these levels, then the downtrend would probably continue towards 1.4330 area.

German ZEW Economic Sentiment report will be released today at 10:00am GMT. Then another major report, the US Trade Balance will be announced at 1:30pm GMT. Both report reports are expected to affect the US dollar and the European currency in either direction depending on the results.

EUR/USD technical update at 3:30pm:
The pair is moving up towards 1.4500 area. A clear break above this level could trigger the price up to 1.4520-1.4530.

EUR/USD technical analysis today 11.04.2011:

The currency pair remains in neutral movement at the moment. There is no clear indication now, but we may expect some downtrend towards 1.4440-1.4420 area in the next hours. Most of the technical indicators bring mixed signal, and the sideways movement may continue as well.

EUR/USD technical analysis today 08.04.2011:

The currency pair rose up to 1.4410 during the Asian session. During the European session now, the Euro is still rising against the US dollar. Trading above 1.4415 will most likely take the pair up to 1.4450 area in the next hours. Only a break below 1.4370 may take the price down to 1.4350.

EUR/USD technical analysis today 07.04.2011:

The price is currently moving down towards 1.4250-1.4260. In general, the pair remains in downtrend movement. Only a clear break above 1.4330 area, will trigger the price up to 1.4350. Trading below 1.4250, will probably take the price down to 1.4230. Based on the 30 min chart, 10 EMA is crossing down 25 EMA and 50 EMA, which indicates for a downtrend movement.

EUR/USD technical analysis today 06.04.2011:

The currency pair remains in uptrend movement. Current price 1.4289. We may expect further rise towards 1.4320-1.4350 at some point today.

The German Factory Orders m/m report will be announced today at 10.00am GMT and US Crude Oil Inventories report will be released today at 2:30pm GMT. Both reports may have a medium impact over the market situation. If the price drops below 1.4250, then some downtrend movement towards 1.4230 and even below this level could be expected.

EUR/USD technical analysis today 05.04.2011:

Current price 1.4192. The pair is moving downwards at this hour. Base on the 4 hour chart, we may expect further decline towards 1.4150. On the other hand, a clear break above 1.4220 could trigger the price up to 1.4250. Major events on the market today are the European Retail Sales report which will be published at 9:00am GMT. Then, at 2:00pm GMT, the US ISM Non-Manufacturing PMI will be announced. Both events may have strong impact on the EUR/USD.

EUR/USD technical analysis today 04.04.2011:

The currency has been moving sideways in the last hours. Current price 1.4233. There is no clear position to be taken at this hour. However, we may expect some downtrend movement towards 1.4200 area within the next hours. At 2:30 pm GMT, FOMC Member Evans Speaks, and the US dollar may be affected in either way depending on his speech.

EUR/USD technical analysis today 01.04.2011:

Current price 1.4153. The pair remains in downtrend movement in the last hours. Further drop towards 1.4100 area could be seen later today. The US Non-Farm Employment Change and Unemployment Rate reports will be released today at 1:30 pm. Both reports may affect the market in either direcation after the release. We will probably see some good results for the US economy, which could take the US dollar in uptrend movement against the Euro.