Tuesday, 31 January 2012

EUR/USD technical anlysis today 31.01.2012:

Current price 1.3185. The pair still remains in uptrend movement. However, we may expect some decline towards 1.3170 area and then another target at about 1.3155. Only a clear break above 1.3195 may trigger the price towards 1.3210-1.3230.

@ 7:45am GMT - French Consumer Spending m/m - medium
@ 8:55am GMT - German Unemployment Change - medium
@ 10:00am GMT - Unemployment Rate - medium
@ 1:30pm GMT - Employment Cost Index q/q - medium
@ 2:00pm GMT - S&P/CS Composite-20 HPI y/y - medium
@ 2:45pm GMT - Chicago PMI - medium
@ 3:00pm GMT - US CB Consumer Confidence - high

Monday, 30 January 2012

EUR/USD technical analysis today 30.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.3152. We may expect a decline towards 1.3100 are if the price drops below 1.3140. On the other hand if the price keeps trading above 1.3150 area then next target may be around 1.3170-1.3180.

@ 1:30pm GMT - US Core PCE Price Index m/m and Personal Spending m/m - medium
 - EU Economic Summit - All day

Friday, 27 January 2012

EUR/USD technical analysis today 27.01.2012:

Current price 1.3106. There is not a clear indication for taking a position at this hour. If the price drops below 1.3090 then we can expect further decline towards 1.3070 area. On the other hand if the price breaks above 1.3125 then next target may be around 1.3140-1.3150.

@ 9:00am GMT - M3 Money Supply y/y - medium
@ 1:15pm GMT - ECB President Draghi Speaks - medium
@ 1:30pm GMT - US Advance GDP q/q - high 
@ 1:30pm GMT - US Advance GDP Price Index q/q - medium
@ 2:55pm GMT - US Revised UoM Consumer Sentiment - medium

Thursday, 26 January 2012

EUR/USD technical analysis today 26.01.2012:

The currency pair remains in neutral movement at this hour. We can expect next target to be around if the price 1.3080 if the price drops below 1.3100. On the other hand if there is a clear break above 1.3120 then we can expect further rise 1.3150 area.

@ 1:30pm GMT - US Core Durable Goods Orders m/m and Unemployment Claims - high
@ 1:30pm GMT - US Durable Goods Orders m/m medium
@ 3:00pm GMT - US New Home Sales - high

Wednesday, 25 January 2012

EUR/USD technical analysis today 25.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.3032. If the price breaks above 1.3045 then next target will be around 1.3060-1.3070. On the other hand if the price drops below 1.3010 then we can expect further decline towards 1.2970 area.

@ 9:00am GMT - German Ifo Business Climate - high
@ 1:15pm GMT -  ECB President Draghi Speaks - medium
@ 3:00pm GMT - US Pending Home Sales m/m - high
@ 3:30pm GMT - Crude Oil Inventories - medium
@ 5:30pm GMT - FOMC Statement - high
@ 5:30pm GMT - Federal Funds Rate - medium
@ 7:15pm GMT - FOMC Press Conference - high

Tuesday, 24 January 2012

EUR/USD technical analysis today 24.01.2012:

Current price 1.3006. The pair remains in neutral movement at this hour. If the price continue towards 1.2990 then we can expect further decline towards 1.2975 area. On the other hand if the price breaks above 1.3015 then next target may be around 1.3030-1.3045 area.

@ 8:00am GMT - French Flash Manufacturing PMI and French Flash Services PMI - medium 
@ 8:00am GMT - German Flash Manufacturing PMI and German Flash Services PMI - medium
@ 9:00am GMT - EU Flash Manufacturing PMI and Flash Services PMI - medium
@ 10:00am GMT - EU Industrial New Orders m/m - medium
@ 2:00pm GMT - Belgium NBB Business Climate - medium

Monday, 23 January 2012

EUR/USD technical analysis today 23.01.2012:

The currency pair remains in uptrend movement at this hour. Current price 1.2936. The price broke the resistance level at 1.2930 and we can expect next target to be 1.2950-1.2960. A clear break above these levels will indicate further rise towards 1.2980 area. On the other hand if the price drops below 1.2915 area then next target may be around 1.2900-1.2890.

Friday, 20 January 2012

EUR/USD technical analysis today 20.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2953. We can expect next target to be around 1.2920-1.2900 if the price drops below 1.2940. On the other hand if the price breaks above 1.2965 then next target may be around 1.2980 area.

@ 7:00am GMT - German PPI m/m - medium
@ 3:00pm GMT - Existing Home Sales - high

Thursday, 19 January 2012

EUR/USD technical analysis today 19.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2858. If the price breaks above 1.2875 then next target may be around 1.2890-1.2900. A clear drop below 1.2845 may trigger the price towards 1.2810.

@ 9:00am GMT - EU Current Account and ECB Monthly Bulletin - medium
@ 1:30pm GMT - US Building Permits, Core CPI m/m and Unemployment Claims - high
@ 1:30pm GMT - US CPI m/m and Housing Starts - medium
@ 3:00pm GMT - Philly Fed Manufacturing Index - high

Wednesday, 18 January 2012

EUR/USD technical analysis today 18.01.2012:

Current price 1.2797. The pair remains in uptrend movement at this hour. We may expect next target to be around 1.2820. A clear break above this level may trigger the price towards 1.2850 area. On the other hand if there is a clear break below 1.2785 then next target may be around 1.2760.

@ 1:30pm GMT - US PPI m/m - high
@ 1:30pm GMT - US Core PPI m/m - medium
@ 2:00pm GMT - TIC Long-Term Purchases - high
@ 2:15pm GMT - US Capacity Utilization Rate and Industrial Production m/m - medium

Tuesday, 17 January 2012

EUR/USD technical analysis today 17.01.2012:

The currency pair remains in uptrend movement at this hour. Current price 1.2728. We can expect next target to be around 1.2740 and then further rise towards 1.2760-1.2770 area. On the other hand since if the price breaks below 1.2715 then we may expect next target to be around 1.2700-1.2690 area.

@ 10:00am GMT - German ZEW Economic Sentiment - high
@ 10:00am GMT - CPI y/y, Core CPI y/y and ZEW Economic Sentiment - medium
@ 1:20pm GMT - US Empire State Manufacturing Index - medium

Monday, 16 January 2012

EUR/USD technical analysis today 16.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2642. If the price breaks above 1.2655 then next target may be around 1.2670 area. On the other hand if the price drops below 1.2625 then next target could be around 1.2600.

@ 6:00pm GMT - ECB President Draghi Speaks - high

Friday, 13 January 2012

EUR/USD technical analysis today 13.01.2012:

The currency pair remains in uptrend movement at this hour. Current price 1.2870. We can expect next target to be around 1.2895 and possible 1.2920 at some point today. On the other hand if the price drops below 1.2855 then next target may be around 1.2840-1.2820.

@ 1:30pm GMT - US Trade Balance - high
@ 1:30pm GMT - Import Prices m/m - medium
@ 2:55pm GMT - US Prelim UoM Consumer Sentiment - high

Thursday, 12 January 2012

EUR/USD technical analysis today 12.01.2012:

Current price 1.2706. The pair remains in downtrend movement at this hour and we can expect next target to be around 1.2680 area. If the price breaks below this level then we can expect further decline towards 1.2660. On the other hand if there is a clear break above 1.2720 then we can expect next target 1.2740-1.2750.

@ 10:00am GMT - EU Industrial Production m/m - medium
@ 12:45pm GMT - EU Minimum Bid Rate - high
@ 1:30pm GMT - ECB Press Conference - high
@ 1:30pm GMT - US Core Retail Sales m/m, Retail Sales m/m and Unemployment Claims - high
@ 3:00pm GMT - US Business Inventories m/m - medium
@ 7:00pm GMT - US Federal Budget Balance - medium

Wednesday, 11 January 2012

EUR/USD technical analysis today 11.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2752. If the price breaks above 1.2770 then we can expect further rise towards 1.2790 area. On the other hand if there is a clear break below 1.2730 then we next target may be around 1.2700 area.

@ 2:00pm GMT - FOMC Member Lockhart Speaks - medium
@ 3:30pm GMT - Crude Oil Inventories - medium  
@ 7:00pm GMT - Beige Book - medium 

Tuesday, 10 January 2012

EUR/USD technical analysis today 10.01.2012:

Current price 1.2787. The pair remains in uptrend movement at this hour. Based on the 4-hour chart if the price breaks above 1.2810 then next target may be around 1.2830-1.2840 area. On the other hand if the price drops below 1.2770 then we can expect further decline towards 1.2750.

@ 7:45am GMT - French Industrial Production m/m - medium
@ 3:30pm GMT - FOMC Member Williams Speaks - medium
@ 4:10pm GMT - FOMC Member Pianalto Speaks - medium

Monday, 9 January 2012

EUR/USD technical analysis today 09.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2721. If the price breaks above 1.2740 then next target may be around 1.2750-1.2760 area. On the other hand if the price drops below 1.2700 then we can expect further decline towards 1.2680.

@ 9:30am GMT - Sentix Investor Confidence - medium
@ 11:00am GMT - German Industrial Production m/m - medium
@ 5:40pm GMT - US FOMC Member Lockhart Speaks - medium

Friday, 6 January 2012

EUR/USD technical analysis today 06.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2790. We may expect next target to be around 1.2800 with further rise towards 1.2820-1.2840 area. A clear break below 1.2775 may trigger the price towards 1.2760-1.2750 area.

@ 10:00am GMT - EU Retail Sales m/m - medium 
@ 10:00am GMT - EU Unemployment Rate - medium
@ 11:00am GMT - German Factory Orders m/m - medium
@ 1:30pm GMT - Non-Farm Employment Change - high
@ 1:30pm GMT - Unemployment Rate - high
@ 1:30pm GMT - Average Hourly Earnings m/m - medium

Thursday, 5 January 2012

EUR/USD technical analysis today 05.01.2012:

Current price 1.2919. The pair remains in neutral movement at this hour. We may expect next target to be around 1.2935 and then further rise towards 1.2950-1.2970. On the other scenario, if the price drops below 1.2905 then next target could be around 1.2885.

@ 7:00am GMT - German Retail Sales m/m - medium 
@ 10:00am GMT - Industrial New Orders m/m - medium
@ 1:15pm GMT - ADP Non-Farm Employment Change - high
@ 1:30pm GMT - US Unemployment Claims - high
@ 3:00pm GMT - ISM Non-Manufacturing PMI - high
@ 4:00pm GMT - Crude Oil Inventories - medium

Wednesday, 4 January 2012

EUR/USD technical analysis today 04.01.2012:

The currency pair remains in neutral movement. Current price 1.3030. If the price breaks above 1.3045 we can expect further rise towards 1.3050-1.3060 area. On the other hand if the price drops below 1.3020 then next target may be around 1.3000 and below.

@ 7:45am GMT - French Consumer Spending m/m - medium 
@ 10:00am GMT - CPI Flash Estimate y/y - medium
@ 3:00pm GMT - Factory Orders m/m - medium

Tuesday, 3 January 2012

EUR/USD technical analysis today 03.01.2012:

The currency pair remains in neutral movement at this hour. Current price 1.2977. We can expect some uptrend movement towards 1.3000 area. On the other hand we can first expect a decline towards 1.2960 and if the price do not drop below this level then next target could be around 1.3000 area. A clear break above this level may trigger the price towards 1.3020.

@ 8:55am GMT - German Unemployment Change - medium 
@ 3:00pm GMT - ISM Manufacturing PMI - high 
@ 7:15pm GMT - US FOMC Meeting Minutes - high