Feedback

EUR/USD hits 1.3460, fresh year low

EURUSD chart

The shared currency accelerates its downside on Tuesday, quickly dragging the EUR/USD to post fresh ytd lows in the boundaries of 1.3460. Spot came under intense selling pressure after consumer prices in the US economy rose at an annual pace of 2.1% and 0.3% inter-month, both prints banging on estimates...

Top Stories

1.3400, 1.3295 the next downside targets

After a nearly two month long consolidation, EUR/USD has finally broken to the downside. 1.3450 barriers are the next target in the very near-term. On a more medium-term view, 1.3400 and 1.3295 are the downside objectives.

Dollar strength not broad−based

It is not as though we are seeing a risk-off flight to the dollar. What we are seeing this morning looks pretty euro-specific. Perhaps someone knows something is coming down the sanctions pipeline that has some teeth to it.

NZDJPY: Don't Fight the... RBNZ?

In a generally quiet week for economic data, the marquee event could be the RBNZ’s monetary policy decision. My colleague Chris Tedder noted earlier this week that the central bank is likely to hike...

US: CPI (June) rose 2.1%

The Department of Labour informed that US consumer prices rose at an annual pace of 2.1% during June, matching estimates. On a monthly basis, prices rose 0.3%...

Preferred brokers in your location

Analysis

Trader’s eye on majors, short term

Valeria BednarikValeria Bednarik – EUR weakness outstands in another quiet trading journey. US inflation up next.


EUR/USD Forecast: fresh monthly low by FXStreet

GBP/USD Forecast: pressuring the lower end of the range by FXStreet

EU foreign ministers likely to announce further sanctions by Alpari (UK)

Kenny Polcari

And the Roller Coaster Continues

So much is happening - the moves are quick and decisive - Mkts around the world are all higher - US futures...

Kenny Fisher

EUR/USD: Trading the Existing Home Sales

The euro has lost close to two cents in July and the general direction of the pair...

Technical Studies

Next
Joseph Trevisani

Tue, Jul 22, 15:00 GMT

Register free!

We will examine the fundamental and technical layout for the Pound...

Steve Ruffley

Thu, Jul 24, 14:00 GMT

Register free!

Trading for over a decade and managing one of the biggest trading floors in...
Sponsored by:  InterTrader.com

Upcoming Live Events Type* Sponsored by:
Jul 22, 15:00 GMT Joseph Trevisani WBN
Jul 23, 12:00 GMT Premium Webinar Ed Ponsi WBN Sponsored by: FXStreet
Jul 23, 13:00 GMT Premium Webinar Ed Ponsi WBN Sponsored by: FXStreet

Economic Calendar

Official Interest Rates

US: 0.25% EMU: 0.15% UK: 0.5% JP: 0.1% CH: 0% CA: 1% AU: 2.5% NZ: 3.25%

Spreads

Broker EUR/USD GBP/USD USD/JPY

1.2

2

1.7

1.7

1.9

1.3

0.9

0.9

0.9

0.8

1.2

0.8

See all brokers >>

August FXStreet Meetups

2nd August in Istanbul and 7th August in SydneyThe Fibonacci analysis and the connection with the trader profile and Due Diligence: Is there a place for due diligence in FX trading? are the next meetups organized by FXStreet in Istanbul & Sydney (August, 2nd & 7th).
Don't miss them out!

Connect with

FXStreet

FREE Newsletter sign-up

Subscribe

Current Trading Positions

EURUSD Order Entry SL TP
AceTrader SHORT LMT @1.3523 1.3549 1.3454
AUDUSD Order Entry SL TP
ForexSurvivor LONG LMT @0.9405 0.9362 0.9450
EURJPY Order Entry SL TP
Admiral Markets SELL LMT @137.50 - 136.85
EURGBP Order Entry SL TP
RoboForex SELL LMT @0.7926 0.7953 0.7874

Advertisement

MetaTrader: Platforms and Services

Download MetaTrader 4 or MetaTrader 5
Use Trading Signals to copy trades
Buy Trading Robot in MetaTrader Market
Enjoy MT4 and MT5 Mobile Trading

Most Traded Pairs


Pair Price Hour Day Week Month
USDCHF 0.9007 -0.01 0.31 0.56 0.64
USDJPY 101.39 0.01 -0.01 -0.29 -0.66
GBPUSD 1.7074 -0.01 0.01 -0.40 0.36
AUDUSD 0.9417 -0.02 0.53 0.50 0.30
EURUSD 1.3482 -0.03 -0.32 -0.63 -0.87

Most Popular Content

  1. EUR/USD threatens 2014 low
     by FXStreet Jul 22, 10:36 GMT
  2. EUR/USD back below 1.3500, hits 5-month low
     by FXStreet Jul 22, 08:53 GMT
  3. EUR/USD was pushed back to 1.35 area from recent highs
     by FXStreet Jul 22, 07:54 GMT
  1. USDNOK: Krone Crumbling on Collapsing Crude
     by FOREX.com Jul 16, 00:05 GMT
  2. Global stock markets fell and bonds rallied on Monday
     by ZuluTrade Jul 22, 07:25 GMT
  3. AUD/USD don't give up attempts to get to 0.9400
     by FXStreet Jul 22, 05:28 GMT
  1. EUR/USD Forecast: correction complete
     by FXStreet Jul 21, 09:27 GMT
  2. BOE's Carney in ‘Lap of the Gods'
     by MarketPulse Jul 22, 07:48 GMT
  3. EURUSD testing 2 year wedge ahead of US CPI !
     by ForexTrading.TV Jul 22, 10:08 GMT

Today's Education Feature

All about the Hong Kong dollar

In the early 1800s massive loads of tea arriving from China kept English society lubricated. The United...


3 More Exotic Currencies To Add to Your Trading Basket


Learning Center: Currencies and currency pairs

EdMatts profile
Ashraf Laidi سأكون على سي أن بي سي العربية بعد 15 دقيقة
13:17 GMT
EdMatts profile
Order Flow News #AUDUSD quick to continue its rally, taking out the earlier-noted stops
13:17 GMT
EdMatts profile
Ioan Smith RT @LifeCheating: How to break down a door: pic.twitter.com/4kJt2cSvUn
13:15 GMT
EdMatts profile
Ivan FX EUR/USD hits 1.3460, fresh year low http://t.co/jDneJCqEW0 #Fed http://t.co/SOrQqRu5L4
13:13 GMT
EdMatts profile
Steve Collins Turkish Prime Minister Recep Tayyip Erdogan said he has stopped talking to US President Barack Obama on the phone, amid growing strains
13:12 GMT
EdMatts profile
Ed Matts A new Alert on http://t.co/yZwyXPw1WP provides a (fractal map (template) for the Open / Duration and Close on the DJIA today.
13:12 GMT
EdMatts profile
Order Flow News Noted bids in #EURUSD ahead of 1.3450 being reported as barrier protection
13:12 GMT
EdMatts profile
zerohedge BULGARIAN CENTRAL BANK GOVERNOR ISKROV OFFERS TO RESIGN
13:11 GMT
EdMatts profile
Gus Farrow EUR/USD hits 1.3460, fresh year low http://t.co/7DjgDFg18Q $EURUSD #Forex http://t.co/lcAWFzmUeI
13:11 GMT
EdMatts profile
Ashraf Laidi Mexico retail sales +1.6% vs exp 1.0%. Those who asked why I wrote abt the peso http://t.co/TaFvCEulJ2 #forex http://t.co/JzWArnBCqt
13:10 GMT
EdMatts profile
Gus Farrow GBP/USD falls to daily lows at 1.7050 http://t.co/7e8MYg78nn $GBPUSD #Forex http://t.co/lcAWFzmUeI
13:10 GMT
EdMatts profile
Sony Kapoor This Washington Post graphic helps us visualize the death toll of current #Gaza fighting. http://t.co/yAFIhr53NO pic.twitter.com/4pvV8ilOnt
13:08 GMT
EdMatts profile
Ioan Smith EU WILL NOT ADD NEW NAMES TO RUSSIA SANCTIONS LIST ON TUESDAY, EU OFFICIALS WILL PROPOSE NEW NAMES FOR THURSDAY-DIPLOMATS - RTRS
13:07 GMT
EdMatts profile
Steve Collins EU will add/propose new names on thursday to the sanctioned list
13:07 GMT
EdMatts profile
13:07 GMT
EdMatts profile
zerohedge The Latest Updates About Ukraine And Flight MH17: News Wrap http://t.co/hwGfWY6YmT
13:07 GMT
EdMatts profile
Ed Matts EURUSD is heading into a 'Triple Confluence'. You can try to ignore it but today's http://t.co/eniBXgR9nG video explains why we can't.
13:05 GMT
EdMatts profile
zerohedge EU will not add new names to Russian sanctions list today
13:04 GMT

Latest from the FX Social Network

  • photo
    benyamin fard commented a blog post 36 minutes ago
    Daily Forecast 07/22/2014
    i keep going dont any hold or reject yet in all position i think should be wait till around tomorrow night all position can be hit target ne... read more
  • photo
    Daologic commented a blog post 51 minutes ago
    NZDUSD Intraday: Elliott Wave Analysis
    Thanks for your analysis. For EURUSD was also excelent! read more