EUR/USD technical analysis today 29.07.2011:

Current price 1.4345. We can expect next target to be 1.4370-1.4390. On the other side if the price drops below 1.4310 we can then expect next target to be 1.4280. Based on the 4 hour chart the pair remains in downtrend movement.

On the forex calendar for today:
- at 6:00am GMT - German Retail Sales m/m - medium
- at 6:45am GMT - French Consumer Spending m/m - medium 
- at 9:00am GMT - CPI Flash Estimate y/y - medium   
- at 12:30pm GMT - US Advance GDP q/q - high
- at 12:30pm GMT - US Advance GDP Price Index q/q - medium   
- at 12:30pm GMT - US Employment Cost Index q/q - medium   
- at 1:45pm GMT - Chicago PMI - medium   

EUR/USD technical analysis today 28.07.2011:

Current price 1.4350. The pair still remains in  downtrend movement. We can expect next target to be around 1.4300. Only a clear break above 1.4390 may take the price back to 1.4420-1.4440 area.

On the forex calendar for today:
- at 7:55am GMT - German Unemployment Change - medium
- at 12:30pm GMT - US Unemployment Claims - high
- at 2:00pm GMT - US Pending Home Sales m/m - high

EUR/USD technical analysis today 27.07.2011:

The pair remains in downtrend movement based on the 4 hour chart. Current price 1.4485. We can expect next target to be 1.4450. A clear break below this level may trigger the price towards 1.4400. On the other hand if the price breaks through 1.4520 next target would be 1.4540. The are a few major reports to be released today which may have a strong affect over both currencies.

On the forex calendar for today:
- at 8:00am GMT - M3 Money Supply y/y - medium
- at 12:30pm GMT - US Core Durable Goods Orders m/m - high
- at 12:30pm GMT - US Durable Goods Orders m/m - medium
- at 2:30pm GMT - US Crude Oil Inventories - medium
- at 6:00pm GMT - US Beige Book - medium

EUR/USD technical analysis today 26.07.2011:

The pair remains in uptrend movement. Current price 1.4482. We can expect next target to be over 1.4500. Then, the uptrend should continue to 1.4530. On the other hand, if there is a clear break below 1.4440 the next target could be 1.4420-1.4400 area.

On the forex calendar for today:
- at 6:00am GMT - GfK German Consumer Climate - medium
- at 1:00pm GMT - Standard & Poor's (S&P), Case-Shiller (CS), House Price Index (HPI) - medium 
- at 2:00pm GMT - US CB Consumer Confidence and US New Home Sales - high

EUR/USD technical analysis today 25.07.2011:

Current price 1.4370. Mixed signals are brought by most of the major technical indicators. We can expect a decline towards 1.4350 area and then if  the price breaks through, next target might be 1.4320. On the other hand a clear break above 1.4400 may take the price up to 1.4430. 

On the forex calendar for today:
- at 1:00pm GMT - Belgium NBB Business Climate - medium

EUR/USD technical analysis today 22.07.2011:

Current price 1.4380. We can expect the uptrend movement to continue towards 1.4400 area. If there is a clear break above 1.4420 we can expect next target to be 1.4440. On the other hand if the price breaks through 1.4260 it may continue towards 1.4240.

On the forex calendar for today: 
- at 7:00am GMT - German Ifo Business Climate - high
- at 8:00am GMT - EU Industrial New Orders m/m - medium

EUR/USD technical analysis today 21.07.2011:

The currency pair remains in uptrend movement. Current price 1.4255. A clear break above 1.4300 could trigger the price towards 1.4340. On the other scenario if there is a clear drop below 1.4200 we can expect a decline towards 1.4170. There are a lot of major economic reports to be released today. The EU Economic Summit will be taking place all day today and will bring more affect over the currency pair in either direction.

On the forex calendar for today:
- at 7:00am GMT - French Flash Manufacturing PMI and French Flash Services PMI - medium
- at 7:30am GMT - German Flash Manufacturing PMI and German Flash Services PMI - medium
- at 9:00am GMT - Current Account, Flash Manufacturing PMI and Flash Services PMI - medium
- at 12:30pm GMT - US Unemployment Claims - high
- at 12:30pm GMT - FOMC Member Evans Speaks - medium
- at  2:00pm GMT - US Fed Chairman Bernanke Testifies - high

EUR/USD technical analysis today 20.07.2011:

Current price 1.4210. The pair remains in uptrend movement based on the four hour chart. We can expect next target to be around 1.4250-1.4260. Only a drop below 1.4180 may trigger the price back to 1.4150.

On the forex calendar for today:

- at 2:00pm GMT - US Existing Home Sales - high
- at 2:30pm GMT - US Crude Oil Inventories - medium

EUR/USD technical analysis today 19.07.2011:

The currency pair remains in uptrend movement. Current price 1.4150. We can expect further rise towards 1.4200 area in the next hours. On the other hand if the price breaks through 1.4100 we can expect next target to be around 1.4060.

On the forex calendar for today:
- at 9:00am GMT - German ZEW Economic Sentiment - high
- at 9:00am GMT - ZEW Economic Sentiment - medium
- at 12:30pm GMT - US Building Permits - high 
- at 12:30pm GMT - US Housing Starts - medium

EUR/USD technical analysis today 18.07.2011:

The currency pair remains in neutral movement in last hours. Current price 1.4078. Based on the daily chart we may expect a downtrend towards 1.4020 area during the trading sessions today. If there a clear break below 1.4020 next target may be 1.4000. On the other hand a break through 1.4100 may trigger the price towards 1.4140.

On the forex calendar for today:  

- at 1:00pm GMT - US TIC Long-Term Purchases - high

EUR/USD technical analysis today 15.07.2011:

Current price 1.4170. Based on the four hour chart the pair remains in uptrend movement. A clear break above 1.4250 could take the price back to 1.4300 and above. On the other hand, we may expect a decline towards 1.4100 if the price drops below 1.4120.

On the forex calendar for today: 

- at 12:30pm GMT - US Core CPI m/m - high
- at 12:30pm GMT - US CPI m/m, Empire State Manufacturing Index - medium 
- at 1:15pm GMT - US Capacity Utilization Rate, Industrial Production m/m - medium
- at 1:55pm GMT - US Prelim UoM Consumer Sentiment - high
- at 4:00pm GMT - US Bank Stress Test Results - high

EUR/USD technical analysis today 14.07.2011:

Current price 1.4220. We can expect further rise towards 1.4300 area in the next hours. A clear break above 1.4300 may trigger the price up to 1.4350. On the other hand if the price drops below 1.4170 we can expect further decline towards 1.4100 area. 

On the forex calendar for today:
- at 8:00am GMT - ECB Monthly Bulletin - medium
- at 9:00am GMT - EU CPI y/y and Core CPI y/y - medium
- at 12:30pm GMT - US Core Retail Sales m/m, PPI m/m, Retail Sales m/m and Unemployment Claims - high
- at 2Lpm GMT - Fed Chairman Bernanke Testifies - high

EUR/USD technical analysis today 13.07.2011:

Current price 1.4054. The currency pair remains in neutral movement at this hour. If the price breaks though 1.4090 we can expect further rise towards 1.4120. If there is a clear drop below 1.4040 area we may expect further decline towards 1.4000 area.

At 2pm GMT - Fed Chairman Bernanke Testifies which may have a strong affect over the currency pair. Then, at 2:30pm GMT - The Crude Oil Inventories report will be announced.

EUR/USD technical analysis today 12.07.2011:

The currency pair remains in downtrend movement. Current price 1.3953. If there is a clear break below 1.3930 we may expect further decline towards 1.3900 area. On the other hand a rise above 1.4000 we trigger the price towards 1.4050-1.4100 area. ECOFIN Meetings will be taking place during today and we may expect more volatility on the market.

On the forex calendar for today:
- at 12:30pm GMT - US Trade Balance - high
- at 6:00pm GMT - FOMC Meeting Minutes - high

EUR/USD technical analysis today 11.07.2011:

Current price 1.4200. The pair remains in neutral movement at this hours. We may expect some downtrend towards 1.4180. On the other hand we a rise towards 1.4240 area could also be possible to expect. There are no major economic events to be released today. The only report that may affect (medium) EUR/USD will be released today at 6:45am GMT - French Industrial Production m/m

EUR/USD technical analysis today 08.07.2011:

The pair remain in neutral movement at this hour. Current price 1.4346. We can expect a rise towards 1.4400 area if the price breaks though 1.4370-1.4380. On the other hand if there is a clear break below 1.4280 we can expect further decline towards 1.4260.

On the forex calendar for today:

- at 12:30pm GMT - US Non-Farm Employment Change - high 
- at 12:30pm GMT - US Unemployment Rate - high     
- at 12:20pm GMT -  US Average Hourly Earnings m/m - medium
- at 2:00pm GMT - US Wholesale Inventories m/m - medium

EUR/USD technical analysis today 07.07.2011:

Current price 1.4334. The pair remains in neutral movement at this hour. We may expect a rise towards 1.4375 area. Only a clear break above this level may trigger the price above 1.4400. Trading below 1.4320 may result further decline towards 1.4300 - 1.4280. There are a lot of major reports to be released today which will affect the European and the US currency. More volatility may be expected during the trading sessions today.

On the forex calendar for today:

- at 10:00am GMT - German Industrial Production m/m - medium 
- at 11:45am GMT - EU Minimum Bid Rate - high
- at 12:15pm GMT - ADP Non-Farm Employment Change - high 
- at 12:30pm GMT - ECB Press Conference - high 
- at 12:30pm GMT - US Unemployment Claims - high  
- at 3:00pm GMT - Crude Oil Inventories - medium

EUR/USD technical analysis today 06.07.2011:

The currency pair remains in downtrend movement at this hour. Current price 1.4430. Next target is 1.4400. A clear drop below this level could trigger the price towards 1.4380-1.4370 area. Based on the 4 hour chart the pair should continue towards these levels. Only a clear break through 1.4460 may push the price back to 1.4460-1.4480 area.

On the forex calendar for today: 

- at 10:00am GMT - German Factory Orders m/m - medium
- at 2:00pm GMT - ISM Non-Manufacturing PMI - high

EUR/USD technical analysis today 05.07.2011:

The currency pair remains in downtrend movement. Current price 1.4466. Possible next targets 1.4430-1.4420 area. If there is a clear break through 1.4400 area we can expect further downtrend movement towards 1.4380. On the other hand if the price breaks above 1.4480 area next target could be 1.4500.

EUR/USD technical analysis today 04.07.2011:

The currency pair remains in neutral movement in the last hours. Current price 1.4550. We may expect mixed movements during the trading sessions today. Most of the major technical indicators signal for neutral position. There are also no major events on the forex calendar for EUR/USD today.

EUR/USD technical analysis today 01.07.2011:

The currency pair remains in neutral movement at this hour. Current price 1.4520. If there is a clear break above 1.4550 we may expect further rise towards 1.4570-1.4580 area. On the other side if the price breaks though 1.4480 area we can expect some downtrend movement towards 1.4450.

On the forex calendar for today:
- at 9:00am GMT - EU Unemployment Rate - medium
- at 1:55pm GMT - US Revised UoM Consumer Sentiment - medium
- at 2:00pm GMT - US ISM Manufacturing PMI - high