EUR/USD technical analisys today 29.12.2011

The currency pair remains in downtrend movement at this hour. Current price 1.2867 and we can expect next target to be around 1.2850. If the price drops below this level we can expect further decline towards 1.2840-1.2830. On the other hand if the price breaks above 1.2880 area then we can expect next level to be around 1.2920 area.

@ 1:30pm GMT - US Unemployment Claims - high
@ 2:45pm GMT - Chicago PMI - medium 
@ 3;00pm GMT - US Pending Home Sales m/m - high

EUR/USD technical analysis today 28.12.2011:

The currency pair remains in downtrend movement at this hour. Current price 1.3065. We may expect next target to be around 1.3045. On the other hand if the price breaks above 1.3075 area then next target may be around 1.3090. Less activity may also be expected during the trading sessions today.

@ 9:00am GMT - EU M3 Money Supply y/y - medium 
@ 1:30pm GMT - US Unemployment Claims - high
@ 2:45pm GMT - US Chicago PMI - medium
@ 3:00pm GMT - US Pending Home Sales m/m - high 
@ 4:00pm GMT - US Crude Oil Inventories - medium

EUR/USD technical analysis today 27.12.2011:

The currency pair remains in uptrend movement at this hour. Current price 1.3070. We can expect next target to be around 1.3090 area and if the price breaks above this level the next target may be around 1.3110. On the other hand if the price breaks below 1.3050 then next target could be around 1.3020.

@ 2:00pm GMT - S&P/CS Composite-20 HPI y/y - medium 
@ 3:00pm GMT - US CB Consumer Confidence - high

EUR/USD technical analysis today 23.12.2011:

The currency pair remains in neutral movement at this hour. Current price 1.3080. We may expect next target to be around 1.3060 with further decline towards 1.3040 area. On the other hand if the price breaks above 1.3095 then next target may around 1.3120-1.3130.

@ 1:30pm GMT - US Core Durable Goods Orders m/m - high
@ 1:30pm GMT - Core PCE Price Index m/m, Durable Goods Orders m/m and Personal Spending m/m - medium
@ 3:00pm GMT - US New Home Sales - high

EUR/USD technical analysis today 22.12.2011:

Current price 1.3072. The pair remains in uptrend movement at this hour. We can expect further rise towards 1.3100 area. On the other hand if the price keeps trading around 1.3060-1.3070 area, we can expect a decline towards 1.3050.

@ 1:30pm GMT - US Unemployment Claims - high
@ 1:30pm GMT - US Final GDP q/q - medium
@ 2:55pm GMT - US Revised UoM Consumer Sentiment - medium

EUR/USD technical analysis today 21.12.2011:

The currency pair remains in neutral movement at this hour. Current price 1.3113. We can expect next target to be around 1.3130-1.3145 area. On the other hand if the price drops down below 1.3100 then next level may be around 1.3070.

@ 2:00pm GMT - Belgium NBB Business Climate - medium
@ 3:00am GMT - Existing Home Sales - high
@ 3:30pm GMT - Crude Oil Inventories - medium

EUR/USD technical analysis today 20.12.2011:

Current price 1.3003. The pair remains in neutral movement at this hour. We may expect some uptrend movement towards 1.3030 at some point later today or if the price breaks below 1.2990 then next target could be around 1.2980.

@ 7:00am GMT - German PPI m/m and GfK German Consumer Climate - medium
@ 9:00am GMT - German Ifo Business Climate - high
@ 1:30pm GMT - US Building Permits - high
@ 1:30pm GMT - US Housing Starts - medium

EUR/USD technical analysis today 19.12.2011:

The currency pair remains in neutral movement at this hour. Current price 1.3015. We can expect next target to be around 1.3000 and may be further towards 1.2990 area. On the other hand if the price breaks above 1.3025 then next target may be around 1.3040 area.

@ 9:00am GMT - EU Current Account - medium 
@ 3:30pm GMT - ECB President Draghi Speaks - high

EUR/USD technical analysis today 16.12.2011:

The currency pair remains in downtrend movement at this hour. Current price 1.3010. We can expect next target to be around 1.2980-1.2970. On the other hand if the price breaks above 1.3025 area, then we may expect further rise towards 1.3040.

@ 8:30am GMT - ECB President Draghi Speaks - medium
@ 1:30pm GMT - US Core CPI m/m - high 
@ 1:30pm GMT - US CPI m/m - medium
@ 4:15pm GMT - FOMC Member Evans Speaks - medium
@ 5:00pm GMT - FOMC Member Evans Speaks - medium

EUR/USD technical analysis today 15.12.2011:

The currency pair remains in neutral movement at this hour. Current price 1.2999 at the time of writing. We can expect a rise towards 1.3025 area and then next target may be .13040. On the other hand if the price breaks below 1.2985 then next target may be around 1.2970. There is a lot of economic data to be released today for both currencies and we may expect some volatility on the market at some point.

@ 8:00am GMT - French Flash Manufacturing PMI - medium
@ 8:00am GMT - French Flash Services PMI - medium
@ 8:30am GMT - German Flash Manufacturing PMI - medium
@ 8:30am GMT - German Flash Services PMI - medium
@ 9:00am GMT - ECB Monthly Bulletin, Flash Manufacturing PMI, Flash Services PMI - medium
@ 10:00am GMT - CPI y/y, Core CPI y/y - medium
@ 11:25am GMT - ECB President Draghi Speaks - medium
@ 1:00pm GMT - US PPI m/m and Unemployment Claims - high
@ 1:00pm GMT - US Core PPI m/m, Current Account and Empire State Manufacturing Index - medium
@ 2:00pm GMT - TIC Long-Term Purchases - high
@ 2:15pm GMT - US Capacity Utilization Rate and Industrial Production m/m - medium
@ 3:00pm GMT - Philly Fed Manufacturing Index - high

EUR/USD technical analysis today 14.12.2011:

The currency pair remains in neutral movement at this hour. Current price 1.3033. We can expect further rise towards 1.3050-1.3070 area. On the other hand if the price breaks below 1.3010 then next target may be 1.2990.

@ 10:00am GMT - EU Industrial Production m/m - medium
@ 1:30pm GMT - US Import Prices m/m - medium
@ 3:30pm GMT - Crude Oil Inventories - medium

EUR/USD technical analysis today 13.12.2011:

The currency pair remains in uptrend movement after the huge drop by 1.3160. Current price 1.3195. We can expect 1.3220 at some point in the next hours. Only trading below 1.3200 area may trigger the price again towards 1.3160.

@ 10:00am GMT - German ZEW Economic Sentiment - high
@ 10:00am GMT - ZEW Economic Sentiment - medium
@ 1:30pm GMT - US Core Retail Sales m/m and Retail Sales m/m - high
@ 3:00pm GMT - US Business Inventories m/m - medium
@ 7:15pm GMT - FOMC Statement - high
@ 7:15pm GMT - Federal Funds Rate - medium

EUR/USD technical analysis today 12.12.2011:

The currency pair remains in downtrend movement at this hour. Current price 1.3346. We can expect further decline towards 1.3320-1.3300. On the other hand if the price breaks above 1.3360 then next target may be around 1.3380 area.

@ 7:00pm GMT - US Federal Budget Balance - medium

EUR/USD technical analysis today 09.12.2011:

The currency pair remains in uptrend movement. Current price 1.3322. We can expect next target to be around 1.3340-1.3350. Only a clear break below 1.3290 area may trigger the price back towards 1.3260. 

- all day - EU Economic Summit - high
@ 1:30pm GMT - US Trade Balance - high
@ 2:55pm GMT - US Prelim UoM Consumer Sentiment - high

EUR/USD technical analysis today 08.12.2011:

Current price 1.3398. The pair remains in neutral movement at this hour. If the price drops below 1.3370 then next target could be around 1.3350. On the other hand if the price keeps trading above 1.3400 area we can expect a rise towards 1.3430 at some point during the US session today.

EUR/USD technical analysis today 07.12.2011:

Current price 1.3422. The pair remains in uptrend movement and we can expect next target to be around 1.3440 with another target at 1.3460 area in the next hours. On the other hand if the price drops below 1.3400 then next target may be around 1.3370.

@ 11:00pm GMT - German Industrial Production m/m - medium
@ 3:30pm GMT - US Crude Oil Inventories - medium

EUR/USD technical analysis today 06.12.2011:

The currency pair remains in downtrend movement at this hour. Current price 1.3350 and we can expect next target to be around 1.3320 area. On the other hand if the price breaks above 1.3370 then next target could be around 1.3390 area.

@ 11:00am GMT - German Factory Orders m/m - medium

EUR/USD technical analysis today 05.12.2011:

The currency pair remains in uptrend movement at this hour. Current price 1.3447. We can expect next target to be around 1.3460 and then possible rise towards 1.3480 area. On the other hand if the price drops below 1.3420 then next target may be 1.3400 and below.

@ 9:30am GMT - EU Sentix Investor Confidence - medium 
@ 10:00am GMT - Retail Sales m/m - medium 
@ 3:00pm GMT - ISM Non-Manufacturing PMI - high
@ 3:00pm GMT - US Factory Orders m/m - medium 
@ 5:10pm GMT - FOMC Member Evans Speaks - medium 

EUR/USD technical analysis today 02.12.2011:

The pair remains in uptrend movement at the moment. Current price 1.3483. We can expect next target to be around 1.3500 area and possible rise towards 1.3520. On the other hand if the price drops below 1.3460 then next target may be around 1.3440.

@ 1:30pm GMT - US Non-Farm Employment Change and Unemployment Rate - high
@ 1:30pm GMT - US Average Hourly Earnings m/m - medium 
@ 2:00pm GMT - FOMC Member Fisher Speaks - medium 
@ 3:00pm GMT -FOMC Member Plosser Speaks - medium 

EUR/USD technical analysis today 01.12.2011:

The pair remains in neutral movement at this hour. If the price rises above 1.3470 then next target may be 1.3500 area. On the other hand if the price drops below 1.3420 then next target could be 1.3400.

@ 8:00am GMT - ECB President Draghi Speaks - meduim
@ 1:30pm GMT - US Unemployment Claims - high
@ 3:00pm GMT - US ISM Manufacturing PMI - high