http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-10.v02.htmlEUR/USD Current price: 1.3172 View Live Chart for the EUR/USD As expected, EURUSD has reversed sharply after confirming that an agreement was reached in Greece. The pair could find support at the hourly EMA 200 though short term sentiment is bearish and it has broken the bottom of the 1.3220 - 1.3300 range so chances are that the pair will test 1.3100.      Support levels: 1.3150 1.3100 1.3080 Resistance levels: 1.3200 1.3240 1.3280 GBP/USD Current price: 1.5762 View Live ChartFri, 10 Feb 2012 14:11:41 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-10.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-10.htmlEUR/USD Current price: 1.3260 View Live Chart for the EUR/USD While break above the 1.3235-44 region keeps focus higher to potentially reach 1.3460 level, doubts lingering over Greece bailout approval should cool down recent upward momentum, with sellers likely to push for a retest of 1.3220/30 static support. Break lower opens door for further correction towards 1.3170, 50% fib retrac of the 1.3020-1.3320 rise. Technical readings remain positive.   Support levels: 1.3240 1.3200 1.3170Fri, 10 Feb 2012 06:10:56 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-09.v02.htmlEUR/USD Current price: 1.3302 View Live Chart for the EUR/USD EURUSD continues bullish after a deal has been reached in Greece and ECB has kept rates at 1%. Anyway chances of a strong rally in the next hours are low as the 1.3300 resistance will be hard to break. Probably the pair will trade inside the 1.3220 - 1.3300 range.     Support levels: 1.3280 1.3240 1.3200 Resistance levels: 1.3300 1.3325 1.3360 GBP/USD Current price: 1.5864 View Live Chart for the GBP/USD (Select theThu, 09 Feb 2012 14:24:28 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-09.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-09.htmlEUR/USD Current price: 1.3302 View Live Chart for the EUR/USD Break above the 1.3235-44 region keeps focus higher to potentially reach 1.3460 level. EUR/USD regained a key technical foothold yesterday only to consolidate ahead of a Greek/Troika deal on austerity reforms, which should see a phase of stronger positional adjustment in the FX market.    Support levels: 1.3240 1.3200 1.3170 Resistance levels: 1.3270 1.3280 1.3300 GBP/USD Current price: 1.5845 View Live Chart for theThu, 09 Feb 2012 06:15:04 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-08.v02.htmlEUR/USD Current price: 1.3254 View Live Chart for the EUR/USD EURUSD remains strong though the pair is retracing to the short term support at 1.3240 after rising more than 150 pips since yesterday's lows. It looks like the market is in "buy the rumour, sell the fact" mode so a correction back to the hourly EMA 200 seems likely in the next hours as long as we have some news from Greece.     Support levels: 1.3240 1.3200 1.3170 Resistance levels: 1.3270 1.3280 1.3300 GBP/USDWed, 08 Feb 2012 14:23:15 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-08.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-08.htmlEUR/USD Current price: 1.3182 View Live Chart for the EUR/USD Break above the 1.3235-44 region has given buyers a boost in confidence to develop fresh uplegs as focus is now shifted to test the 1.3460 level. News that the ECB is looking to swap Greek debt with the EFSF and a more than likely austerity reform deal amongst Greek politicians sparkled the rally. Intraday price action hints price is poised to gain further ground after closing near highs; that suggests profit taking was minimal,Wed, 08 Feb 2012 06:39:30 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-07.v02.htmlEUR/USD Current price: 1.3182 View Live Chart for the EUR/USD EURUSD is flying after drafting an agreement in Greece and now it's just about to test the 1.3200 resistance. A break above that level would confirm a rectangle pattern so we could see a 150 pips rally in the next days.    Support levels: 1.3170 1.3100 1.3070 Resistance levels: 1.3200 1.3240 1.3270  GBP/USD Current price: 1.5822 View Live Chart for the GBP/USD (Select the currency) GBPUSD remains capped by the strongTue, 07 Feb 2012 14:10:25 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-07.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-07.htmlEUR/USD Current price: 1.3107 View Live Chart for the EUR/USD The 1.3235-44 region remains key topside hurdle. Break above is necessary to gain buyers confidence for stronger rally and move focus away from additional falls towards the 1.3025-30 region, which still acts a reliable support on dips. Above 1.3244 shifts focus to tests of the 1.3460 level.   Support levels: 1.3020 1.2980 1.2960 Resistance levels: 1.3100 1.3170 1.3220 GBP/USD Current price: 1.5800 View Live Chart for theTue, 07 Feb 2012 06:32:55 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-07.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-06.v02.htmlEUR/USD Current price: 1.3043 View Live Chart for the EUR/USD EURUSD remains trading above the strong short term support around 1.3020. While there is no news in Greece, we should expect the pair above that level trading in the 1.3020 - 1.3170 range. In case there's an agreement to pay the second aid tranche to Greece, we should see the pair returning back to 1.3200; otherwise, if negotiations fail then we could have a strong sell off, pushing the pair below 1.2960.    SupportMon, 06 Feb 2012 14:07:55 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-06.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-06.htmlEUR/USD Current price: 1.3085 View Live Chart for the EUR/USD Attacks towards the 1.3200 area remain well counter-attacked by good selling camped at the round number up to 1.3230, while on the downside the Euro appears to have built up a base around 1.3060/80. Consecutive topside failures suggest selling bounces for retests of last week's low should be considered upon price action confirmation. Lower prospects of QE3 coupled with more rate cuts by the ECB and Greek debt talk dragging on stillMon, 06 Feb 2012 05:58:13 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-03.v02.htmlEUR/USD Current price: 1.3085 View Live Chart for the EUR/USD US employment data shook the markets with a much better than expected reading, 243K new jobs added and unemployment rate down to 8.3%. Despite a risk on spike in the EUR/USD towards 1.3200, the pair is now under strong selling pressure testing 1.3070 support area, as QE3 chances had fade. Hourly chart in the pair shows an increasing bearish tone with indicators below their midlines and price below 20 SMA: expect a clear break ofFri, 03 Feb 2012 14:36:40 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-03.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-03.htmlEUR/USD Current price: 1.3146 View Live Chart for the EUR/USD GBP/USD remains inside the daily ascendant channel although upward momentum has been fading ahead of the NFP data. Despite short term bearish outlook, room to move lower is limited as strong demand area at 1.5770-1.5790 will most likely block the downside while investors wait the jobs release; a disappointing reading favours a continuation higher which may target 1.5930-50 region most likely, where the 200 day MA comes at.Fri, 03 Feb 2012 06:21:32 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.v03.htmlEUR/USD Current price: 1.3114 View Live Chart for the EUR/USD Thursday has been another day driven purely on market sentiment, with risk off in Europe and an improvement in the US session with better than expected productivity and employment readings. Uncertainty all over the world along with US NFP report to be publish early Friday, are keeping majors in quite limited ranges early Asia, while dollar ends the day with limited gains against most rivals. The EUR/USD hourly chart shows a limitedThu, 02 Feb 2012 22:39:48 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.v02.htmlEUR/USD Current price: 1.3114 View Live Chart for the EUR/USD Stocks struggle around the opening all over the world, having been in red territory early Europe, on worse than expected fundamental data and comments from EU Junker about Greek PSI talks being “ultra difficult”. However, US data has lifted the market mood as US productivity in the 4th quarter rose 0.7% while weekly unemployment claims fell to 367K, despite the number of job cuts announced by employers jumped 28% in January, led byThu, 02 Feb 2012 14:19:47 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.htmlEUR/USD Current price: 1.3159 View Live Chart for the EUR/USD A massive bullish engulfing bar last European session set the stage for a retest of 1.3200, level that remains a challenge to hold it after repeated failures. The expected agreement on the Greece/PSI deal has been buoying the pair, suggesting when confirmation comes in it may end up being a "buy the rumour/sell the fact" event as per latest price action. As long as 1.3235 and the 38.2% Fibo retracement of the 1.4244-1.2624 declineThu, 02 Feb 2012 05:59:56 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.v03.htmlEUR/USD Current price: 1.3159 View Live Chart for the EUR/USD While risk appetite has dominated the boards this Wednesday, and dollar extended its slide to fresh monthly lows against most of its rivals, the EUR/USD was unable to hold the 1.3200 level tested several times over the past few days, and traded inside early week range. News coming from the old continent were again disappointing, with Greece arrangement with creditors delayed for next week, and a report showing banks in the euro areaWed, 01 Feb 2012 22:33:02 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.v02.htmlEUR/USD Current price: 1.3174 View Live Chart for the EUR/USD While having posted a daily low at 1.3025 early Europe, a strong rise in risk appetite sent the pair back to the test the 1.3200 area, as European socks markets reach fresh multi-month highs. The hourly chart shows price retreating from mentioned high while indicators lose earlier momentum still far from offering selling signs. The 4 hours chart holds a limited bullish tone as per price barely above a flat 20 SMA and indicatorsWed, 01 Feb 2012 14:44:12 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.htmlEUR/USD Current price: 1.3082 View Live Chart for the EUR/USD Latest price action has intensified short term bearish momentum on the pair, suggesting the upside limited. Note a head and shoulder pattern has also formed, hinting that a reversal may be looming near for a test of the round number 1.3000 ahead of 1.2970. Headlines coming out of Greece will continue to set the tone for today. Support levels: 1.3040 1.3000 1.2965 Resistance levels: 1.3110 1.3145 1.3180 GBP/USD Current price: 1.5761Wed, 01 Feb 2012 06:28:03 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-02-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.v03.htmlEUR/USD Current price: 1.3082 View Live Chart for the EUR/USD The EUR/USD was hit by a wave of negative data from all over the world, and particularly in the US, that turned risk off since mid European session. Although German unemployment data come out better than expected, retail sales disappointed in the country, while in the US  Chicago PMI and Consumer Confidence data failed to accomplish expectations. The pair fell as low as 1.3042 before bouncing slightly higher, still unable toTue, 31 Jan 2012 22:45:55 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.v02.htmlEUR/USD Current price: 1.3173 View Live Chart for the EUR/USD The EUR/USD rose above 1.3200 today, yet worse than expected fundamental data pushed the pair back below the mark as stocks came off daily highs. The hourly chart for the pair shows a limited bearish pressure right now, with indicators heading lower yet holding above their midlines and price holding steady near 20 SMA. In the 4 hours chart, the general overview remains bullish for the short term as long as above 1.3140, 20 SMA,Tue, 31 Jan 2012 14:32:43 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.htmlEUR/USD Current price: 1.3190 View Live Chart for the EUR/USD EUR/USD has been able to regain key resistance at 1.3140, suggesting the uptrend has the potential intact to develop further legs north. Most of the rally scope, however, will depend on headlines coming out of Greece and whether or not we get a resolution on the debt-swap talks as well as approval for a second bailout package. The positive picture should only be negated below 1.3060-70, in this case round number 1.3000 may come intoTue, 31 Jan 2012 06:05:11 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-31.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.v05.htmlEUR/USD Current price: 1.3145 View Live Chart for the EUR/USD Greenback weekly opening with the right foot has extended over the next sessions, entering Asian hours in positive territory against most of its rivals, exception made by the Japanese yen. The euro has struggled again with record yields differentials, while Greece credit swap talking continues. Risk aversion ruled over Monday, with stocks closing in red although off daily lows. Ahead of Nikkei opening, the EUR/USD quotes back aboveMon, 30 Jan 2012 22:31:05 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.v05.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.v04.htmlEUR/USD Current price: 1.3083 View Live Chart for the EUR/USD Market sentiment has turned more and more negative since early weekly opening, with Greece debt swap talks yet not finalized, and Portuguese/German 10 year yield spread widening past 1.500 bps for first time in euro-era early Europe. Local share markets are in deep red after reaching 2 months high past Friday, while US futures point also for a negative opening in America. The EUR/USD lost the 1.3100 level with hourly chart showing aMon, 30 Jan 2012 14:28:23 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.v04.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.htmlEUR/USD Current price: 1.3167 View Live Chart for the EUR/USD EUR/USD managed to break key resistance at 1.3140, confirming the uptrend develops to seek further bands. While a downward correction is likely after the sharp rise, the USD should retake two important levels of support at 1.3140-50 ahead of 1.3080 to shift focus back down. An expanding bollinger band supports the bullish bias, with topside potentially targeting an initial move that sees the 1.3460-1.3550 region tested. SupportMon, 30 Jan 2012 06:12:03 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-29.htmlEUR/USD Current price: 1.3212 View Live Chart for the EUR/USD Dollar holds the weak tone seen since mid January, with the EUR/USD opening the week above 1.3200 gapping slightly lower from New York close. In the fundamental front however, things are far from improving in the common area, as Greece and IIF debt swap deal remain unsolved, while Flitch cut the credit ratings of five euro zone nations Belgium, Cyprus, Italy, Slovenia and Spain on Friday. Over the weekend, market headlines were allSun, 29 Jan 2012 23:30:19 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-27.v02.htmlEUR/USD Current price: 1.3135 View Live Chart for the EUR/USD Below than expected GDP readings triggered a kneejerk reaction in EUR/USD, with the pair falling near 1.3100 before bouncing back to pre news levels, ECB’s Asmussen stated PSI stands for private sector, and not the ECB. Stocks across the world erase most of its intraday gains, trading around the opening levels as risk on sentiment fades. Hourly chart for the EUR/USD shows price recovering above 20 SMA while indicators head southFri, 27 Jan 2012 14:58:45 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-27.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-27.htmlEUR/USD Current price: 1.3103 View Live Chart for the EUR/USD The pair had a fake break of key resistance at 1.3140, hinting the possibility of a reversal lower which would only be confirmed upon a break of support at 1.3075; below, next congestion area comes near by at 1.3050 ahead of 1.3000 round number and 1.2980. As long as rate holds above 1.2880 support, Tuesday's low, buying dips is favoured as clear short term uptrend remains in place. Support levels: 1.3080 1.3045 1.3000 ResistanceFri, 27 Jan 2012 06:26:20 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.v03.htmlEUR/USD Current price: 1.3103 View Live Chart for the EUR/USD The dollar sell off continued this Thursday, sending EUR/USD to 1.3183 before risk on rallies finally gave up. Data in the US was mixed, with better than expected Durable Goods orders, yet disappointing unemployment claims and new home sales reading. Bank stocks tumbled following the latest, with US index erasing all of their daily gains, and favoring a late recovery in greenback against major rivals. Pair is entering Asian sessionThu, 26 Jan 2012 22:38:07 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.v02.htmlEUR/USD Current price: 1.3154 View Live Chart for the EUR/USD The risk-on rally set by the FED past Wednesday continues pushing dollar lower against major rivals, boosting stocks and commodities to the upside. The ultra low interest rate policy will now extend till late 2014, undermining the dollar all across the board. The EUR/USD reached 1.3175 during current European session, holding a strong overall tone in the hourly chart, as indicators continue heading north while price develops aboveThu, 26 Jan 2012 14:36:33 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.htmlEUR/USD Current price: 1.3106 View Live Chart for the EUR/USD EUR/USD formed a bullish engulfing candle on the daily after sentiment turned extremely USD negative post FOMC meeting, after Bernanke & Co. hinted rates will remain exceptionallly low well into 2014, outstripping worst market expectations. Besides, the case of more QE resurfaced again, exacerbating the USD losses. Buyers were able to bursts through 1.3080 resistance to now pave the way for the recovery phase to extend to nextThu, 26 Jan 2012 05:33:40 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.v03.htmlEUR/USD Current price: 1.3106 View Live Chart for the EUR/USD Dollar got smashed this Wednesday, following news coming from the FED: according to their new transparency policy, the FED remarked rates will remain extremely low until “late 2014”, while the “downside risk remains high”. Later of the day, during the press conference, Bernanke added that, even if growth picks up, there are ready to take exceptional measures if inflation remains low and unemployment high, opening wide doors to QE3Wed, 25 Jan 2012 22:22:43 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.v02.htmlEUR/USD Current price: 1.2957 View Live Chart for the EUR/USD Fears over the euro area had reached the top lines again, triggering risk aversion rallies all across the board over the European morning. While there are not much chances of avoiding the recession, the down-turn in the region may be mild, as expected by Mario Draghi, ECB’s President. Greece continues to be the stone in the neck of the common currency with negotiations between the country and its creditors still going on. StocksWed, 25 Jan 2012 14:24:40 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.htmlEUR/USD Current price: 1.3019 View Live Chart for the EUR/USD After an early dip through the last European session, the pair was again supported to end the day in positive territory and not losing focus on next resistance area at 1.3080, early January highs. Buyers needs to retake this level to extend the recovery phase towards next static resistance at 1.3150, Sept 2011 low. If the market is unable to overcome this last downtrend will remain in place. If instead we see a break higher,Wed, 25 Jan 2012 06:17:08 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-25.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.v03.htmlEUR/USD Current price: 1.3034 View Live Chart for the EUR/USD The common currency has been on negative territory most of this Friday, trading as low as 1.2950 before bouncing back higher to close the day positive. Dollar rose against major rivals early Europe, as European policy makers and Greek bondholders failed to reach an agreement on a debt-swap plan for the indebted nation. On the other hand, early reports shown that manufacturing and services PMI’s in France and Germany showed anTue, 24 Jan 2012 22:18:38 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.v02.htmlEUR/USD Current price: 1.2957 View Live Chart for the EUR/USD Dollar is running higher across the board, with stocks giving up most of last day’s gains on S&P downgrades of French banks, and a general pessimism over Greece not being able to reach an agreement with its creditors. The EUR/USD fell as low as 1.2953 ahead of US opening, with hourly chart now bearish, as price develops below 20 SMA and indicators heading south below their midlines. In the 4 hours chart, price has found supportTue, 24 Jan 2012 14:45:56 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.htmlEUR/USD Current price: 1.3005 View Live Chart for the EUR/USD Bullish momentum remains intact. Next resistance area can be seen at 1.3080, early January highs. Buyers needs to retake this level to extend the recovery phase towards next static resistance at 1.3150, Sept 2011 low. If the market fails to pierce through this latter and resumes the bearish trend, it will hint context of downtrend unaltered. If instead we see a break higher, additional gains seeking 1.3200 are expected. On theTue, 24 Jan 2012 05:56:57 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-24.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.v03.htmlEUR/USD Current price: 1.3022 View Live Chart for the EUR/USD Having been strongly up on European bank shares gains most of this Monday, the Euro is giving up part of the gained ground, as news hit the wires that the EU EcoFin, rejected the offer of Greek PSI reached with private bondholders. Still trading above 1.3000 key, the pair is in range with hourly indicators retreating from overbought conditions, although price holds steady near the high set at 1.3052. 4 hours indicators, are alsoMon, 23 Jan 2012 23:03:48 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.v02.htmlEUR/USD Current price: 1.3016 View Live Chart for the EUR/USD The EUR/USD reached an intraday high of 1.3030, and trades above key 1.3000 area on a positive German bond auction that keeps stocks in green lead higher by banking shares, not a minor data. The hourly chart shows price holding near mentioned high with indicators in overbought territory yet far from turning lower; in the 4 hours chart, indicators had bounced north from their midlines, while price overcome 200 EMA around 1.2995Mon, 23 Jan 2012 14:24:50 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.htmlEUR/USD Current price: 1.2897 View Live Chart for the EUR/USD EUR/USD was faced with strong selling interest at 1.2980 static resistance and ahead of 1.3000. The bearish engulfing bar printed during the last European session shows there is still many sellers willing to pull the trigger. To the downside, an early signal that downtrend may be ready to resume would be a break of 1.2840/50, with the congestion area of 1.2785/95 being the next hurdle to overcome for sellers to gain confidence thatMon, 23 Jan 2012 06:14:55 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-23.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-22.htmlEUR/USD Current price: 1.2889 View Live Chart for the EUR/USD The common currency opened a tad lower, reaching 1.2850 levels early interbank trading, on news Italy wants EU bailout doubled, while Greece continues negotiating with its private creditors on a debt swap to lower the country’s borrowings. Quoting nearly 50 pips below past Friday’s close, the hourly indicators show an increasing bearish momentum as per heading south below their midlines, while 20 SMA has turned flat and slowly gainsSun, 22 Jan 2012 23:30:47 GMThttp://www.fxstreet.com/technical/analysis-reports/analyst@fxstreet.com (FXstreet.com Independent Analyst Team)http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2012-01-22.html