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/2009-11-20.htmlEUR/USD Current price: 1.4843 Rebound on the expected 1.4800/10 support area, has sent the pair to retest the 1.4860 zone, as indicators reached over sold conditions in the hourly chart. However, if the pair doesn’t manage to regain that zone and on contrary print a fresh low, chances are for further downside movements as 4 hours charts remain as bigger time frames also support the bias. Now struggling around 200 EMA in 4 hours charts, we need a clear candle opening under this level to confirmFri, 20 Nov 2009 14:22:40 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/2009-11-20.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-19.v03.htmlEUR/USD Current price: 1.4911 Losing upside momentum in the hourly, indicators had turned to the downside waiting for Nikkei opening, still far from giving signals. Current candle opening under 200 EMA favor further falls for next hours, yet gold and stocks will have the key of risk sentiment movements: further falls both in locals share markets and commodities, likely favor some dollar strength. 4 hours charts show pair still capped under 20 SMA and also with indicators losing momentum, alsoThu, 19 Nov 2009 23:34:33 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/2009-11-19.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-19.v02.htmlEUR/USD Current price: 1.4885 Regaining the upside after U.S. jobless claims come unchanged, hourly indicators show pair is currently correcting oversold conditions, still under 20 SMA and 200 EMA that would offer some resistance around 1.4910. 4 hours charts indicators remain bearish, so as long as the pair remains under 1.4940, chances of further rises seem limited for today; stocks and gold as usual will lead the way. Support levels: 1.4880 1.4840 1.4810 Resistance levels: 1.4910 1.4949Thu, 19 Nov 2009 14:20:14 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/2009-11-19.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-19.htmlEUR/USD Current price: 1.4960 Pair remains consolidating around the 1.4960 level since U.S. close, after failing to break above the 1.5000 area again; with hourly indicators slightly bearish, and with bigger time frames flat, pair needs to move under 200 EMA (violet) around 1.4920 to extend current downside momentum. To the upside, 1.5000/20 level seems to be key as the pair has halted just under that zone since past Thursday: clear movements above that level will support a retest of theThu, 19 Nov 2009 00:12:07 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/2009-11-19.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-18.htmlEUR/USD Current price: 1.4942 Ranging higher, pair remains capped under 1.4970 area, losing bullish momentum achieved early Europe. Still with no signs of exhaustion in hourly indicators, and above 20 SMA (red) strongly bullish, pair needs at least lo lose the 1.4900/10 area to trigger some downside movements, while above today’s high, pair should attempt a retest of the 1.5020 area. Support levels:  1.4910 1.4880 1.4840 Resistance levels: 1.4970 1.5020 1.5060 GBP/USD Current price:Wed, 18 Nov 2009 13:43:30 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/2009-11-18.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-17.v02.htmlEUR/USD Current price: 1.4874 Consolidating under 1.4880 area, pair has lost upside momentum, yet remains above key 1.4810 support area, that hold the downside; hourly indicators turned flat, suggesting not enough upside strength at this point, while price remains under 20 SMA that crossed 200 EMA also, also limiting further rises. 4 hours charts however, hold the bullish bias, as long as above mentioned key support zone. Pair needs either to regain 1.4920/40 area or clearly break underTue, 17 Nov 2009 23:45:20 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/2009-11-17.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-17.htmlEUR/USD Current price: 1.4887 Pair lost momentum after failing again to regain the 1.5000 area, and turned bearish in the hourly. Momentum points for further falls, while RSI approaches to oversold levels, still pair has room to fall under today’s low zone, 1.4850 and first support zone to consider. Under 20 SMA (red) and 200 EMA (violet), as long as above 1.4800/10 current movement could be understood as just corrective; break under this last should bring some downside acceleration as biggerTue, 17 Nov 2009 14:19:34 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/2009-11-17.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-16.v03.htmlEUR/USD Current price: 1.4985 Pair remains ranging despite spikes seen after late U.S. session Bernanke’s comments, yet with a clear bullish perspective for next hours. With hourly indicators flat, the bias is favored not only by rising gold and stocks, yet also by bigger time frames indicators: 4 hours charts remain bullish, so pair needs to confirm above 1.5020 static resistance area, to extend the rally above1.5062, yearly high. Support levels:  1.4950 1.4920 1.4880 Resistance levels:Mon, 16 Nov 2009 23:34:40 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/2009-11-16.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-16.v02.htmlEUR/USD Current price: 1.4948 After U.S. Retail Sales, pair fell to test the 20 SMA in the hourly chart, hovering around that level for now, as the MA holds the bullish slope; indicators also look slightly bullish, so unless the pair clearly breaks under 1.4920 static support zone, chances of further falls seem limited. Bigger time frames indicators had turned to flat, with no clear bias right now, yet a bit exhausted to the upside. As usual, stocks and gold will lead the way, once Wall StreetMon, 16 Nov 2009 13:42:18 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/2009-11-16.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-16.htmlEUR/USD Current price: 1.4955 Following past Friday’s U.S. positive stocks, Nikkei 225 opened to the upside 0.1%, with gold also supporting risk appetite gapping to the upside and quoting at 1123/oz. Euro remains well bid at this point and bullish in the hourly chart, with indicators pointing for further gains for the hegemonic currency. SMA Bigger time frames support the bias as daily indicators lost the negative slope and turned to the upside. Support levels: 1.4920 1.4880 1.4850 1.4810Mon, 16 Nov 2009 00:31:22 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/2009-11-16.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-13.v02.htmlEUR/USD Current price: 1.4855 Pushing lower after worst than expected U.S. data, and following slightly bearish U.S. indexes and gold, pair has lost upside momentum both in 1 and 4 hours charts, as indicators are turning lower; clearly under 20 SMA in 4 hours charts, and crossing 1 hour one, a confirmation under 1.4810 supported by risk aversion sentiment likely to favor the downside in the pair.  Support levels: 1.4850 1.4810 1.4760 Resistance levels: 1.4880 1.4920 1.4950 GBP/USD CurrentFri, 13 Nov 2009 14:22:51 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/2009-11-13.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-13.htmlEUR/USD Current price: 1.4851 Close to past Thursday lows, indicators show pair oversold in the hourly, suggesting some downside correction before a new leg down. However, upside corrective movements likely to remain capped by the 1.4880 area, as 4 hours charts indicators show pair strongly bearish and still with room to fall. Confirmations under strong 1.4810 support area, will confirm further selling in the pair, that would probably take leads from commodities and stocks after Japan opening.Fri, 13 Nov 2009 00:00:16 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/2009-11-13.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-12.htmlEUR/USD Current price: 1.4922 Pair keeps pushing lower, approaching and rebounding slightly from the 1.4910 support zone; with indicators still bearish and with 20 SMA about to cut 55 EMA in the hourly above current price, a confirmation under mentioned lows, should trigger more downside movements, as both 1 and 4 hours indicators remain clearly bearish supporting the bias. Support levels: 1.4910 1.4860 1.4820 Resistance levels: 1.4950 1.4980 1.5020 GBP/USD Current price: 1.6538 After reachingThu, 12 Nov 2009 13:26:57 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/2009-11-12.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-11.v02.htmlEUR/USD Current price: 1.4980 Pair remains under 1.5000 after losing the level in a tiny trading American session; waiting for some cues from local stocks markets, hourly indicators look slightly bearish at this point, while 20 SMA had turned flat above current price. Bigger time frames remain bullish, so the downside likely to remain limited unless a clear break under 1.4910 level, trigger downside momentum in 4 hours charts. Also, strong gold price around $ 1116/oz, will help keep theWed, 11 Nov 2009 23:32:18 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/2009-11-11.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-11.htmlEUR/USD Current price: 1.5033 After breaking higher, pair seems comfortable consolidating at the 1.5020/60 area, in a second small range low volume day, to an American holiday, Veteran’s day. Pair remains slightly bullish in the hourly chart, yet the lack of volume is what’s halting a break higher. Forming a small consolidation flag, break above 1.5060 should trigger some strength to test the 1.5110 area, as bigger time frames indicators support the bias. Support levels: 1.5020 1.4990Wed, 11 Nov 2009 13:41:51 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/2009-11-11.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-10.v02.htmlEUR/USD Current price: 1.4983 Still ranging, pair has not changed since last update. Sentiment keeps Euro well bid despite indicators in bigger time frames had lost upside momentum; hourly charts show price above flat 20 SMA, while also flat indicators, suggesting pair likely to continue following stocks and commodities. Pair needs to clearly break current range to define further strength: to the upside, level to watch is past week high of 1.5020, while to the downside, pair needs toTue, 10 Nov 2009 23:47:48 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/2009-11-10.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-10.htmlEUR/USD Current price: 1.4966 Pair is losing ground still in this week tight range; slightly bearish in the hourly chart, with indicators crossing upside down there middle line and 20 SMA above current price yet flat, pair needs to clearly move under 1.4950 to extend a downside corrective movement, while top of the range comes at 1.5020, and only an acceleration above that level, could trigger some upside momentum in the next session. Stocks are likely to continue leading the way. SupportTue, 10 Nov 2009 13:37:04 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/2009-11-10.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-09.htmlEUR/USD Current price: 1.5001 Consolidating around daily high, Euro remains well bid on DJIA yearly high and gold prices above $ 1100/oz. Hourly charts show pair consolidating in a tight range between 1.4980/1.5020, with a strongly bullish 20 SMA, suggesting more upside to come if local shares replicates Wall Street gains. 4 hours charts show a continuation formation, a symmetrical triangle, thus indicators lost upside momentum and pair remains close to overbought levels; expect anMon, 09 Nov 2009 23:25:59 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/2009-11-09.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-08.htmlEUR/USD Current price: 1.4874 Pair is holding inside past week range, still contained under the 1.4900 level, with a slightly bullish perspective in the hourly chart, as both momentum and CCI are close to cross the mid line, while current candle opened above 20 SMA. however, moving averages remain flat to confirm a bias, while pair has a gap from Friday’s close around 1.4840, first support for today. If this gives up, expect the pair to approach to next key support around 1.4800. To theSun, 08 Nov 2009 23:47:28 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/2009-11-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-06.htmlEUR/USD Current price: 1.4875 Still in range, waiting for U.S. Payrolls, pair remains slightly bullish as still above 20 SMA, yet losing upside momentum after this consolidation stage. Trapped under the 61.8% of the last daily fall, pair needs to break above 1.4930 to extend the upside, while clear break under 1.4810 could trigger selling rallies. Pair today likely to follow U.S. stocks. Support levels: 1.4850 1.4810 1.4750 Resistance levels:  1.4890 1.4925 1.4970 GBP/USD Current price:Fri, 06 Nov 2009 12:29:21 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/2009-11-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-05.v02.htmlEUR/USD Current price: 1.4868 As comment on last update, pair remains in a tight range ahead of U.S. employment data. Hourly chats show flat indicators thus pair remains above 20 SMA. Bigger time frames however, remain bullish, and with current improvement in risk appetite after DJIA futures reached the 10.000 level, pair is set for an upside continuation; 1.4925 is key resistance level to watch, as an acceleration above that level will suggest an approach to 1.5000 level. Support levels:Thu, 05 Nov 2009 23:30:18 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/2009-11-05.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-05.htmlEUR/USD Current price: 1.4880 Pair has tested the 1.4920 area after ECB’s rate decision, still unable to confirm above the 61.8% of the last daily fall from 1.5060 to 1.4625. With hourly indicators slightly bullish, pair needs to confirm further rises breaking above 1.4900 area; Bigger time frames however, show indicators exhausted to the upside, still not giving selling signals. First support comes at 1.4850 area, followed by 1.4810; under this last pair can lose momentum and trigger aThu, 05 Nov 2009 14:47:59 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/2009-11-05.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-04.v03.htmlEUR/USD Current price: 1.4866 After FED decision to keep rates unchanged and lows for an extended period yet optimistic about economic recovery, stocks run to the upside, taking the pair to the 1.4910 area, where hourly indicators reached extreme overbought conditions. Current downside corrective movement remains above key 1.4850 area; with local shares expected to follow Wall Street, and ahead of early Europe ECB and BOE monetary policy, pair likely to remain around current levels. ClearWed, 04 Nov 2009 23:55:22 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/2009-11-04.v03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-04.v02.htmlEUR/USD Current price: 1.4755 Pair regained the upside, still capped under 1.4770 resistance zone. Hourly indicators look slightly bearish at this point, yet pair needs to clearly break under 1.4730, 20 SMA with a strong bullish slope, to gain some downside momentum. Above current high, pair could attempt a retest of the 1.4810 area, ahead of stronger 1.4850 zone. 4 hours charts, also support the bias. Support levels: 1.4730 1.4705 1.4680 30 Resistance levels:  1.4770 1.4810 1.4850Wed, 04 Nov 2009 13:28:11 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/2009-11-04.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-04.htmlEUR/USD Current price: 1.4725 Back above 61.8% retracement around 1.4700, pair turned slightly bullish in the hourly chart, yet indicators seem to have lost upside momentum while 20 SMA remains strongly bearish despite under current price. Bigger time frames show same conditions with pair slightly bullish yet with no enough strength, suggesting we need to see a strong acceleration above 1.4740 area to confirm an upside continuation. Next resistances for next hours come at 1.4770 and 1.4810,Wed, 04 Nov 2009 01:01:29 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/2009-11-04.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-03.v02.htmlEUR/USD Current price: 1.4657 Pair had reached oversold conditions in the hourly, attempting some upside correction, thus quite limited at this point, leaving doors opened for further falls that will depend mostly on risk sentiment and stocks behavior. Bigger time frames indicators had turned strongly bearish, supporting the bias, with next key midterm strong support at 1.4550. Support levels: 1.4630 1.4605 1.4550   Resistance levels: 1.4810 1.4850 1.4890 GBP/USD Current price: 1.6312Tue, 03 Nov 2009 13:20:39 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/2009-11-03.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-03.htmlEUR/USD Current price: 1.4770 Pair remains inside a wide range with no clear bias coming form 1 hour charts. Hovering around 20 SMA, indicators are flat as market waits for next trigger to hit markets. With Japan closed for holiday, yet RBA raking rates decision, risk likely remain to be the main driver of the pair. Above 1.4800 level, pair can retest yesterday’s high zone that will need to clearly overcome to extend the upside. Bigger time frames however, point for some downside movementsTue, 03 Nov 2009 00:02:38 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/2009-11-03.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-02.htmlEUR/USD Current price: 1.4774 Pair is trapped between 1.4700/1.4800,  still not clear in the hourly chart, as candles keep printing higher highs, yet indicators had turned down suggesting not enough upside strength. 20 SMA under current price remains flat, while bigger time frames also failed to give clear definitions. U.S. data and consequent stocks reaction could define today’s trend. Support levels: 1.4740 1.4710 1.4680  Resistance levels: 1.4780 1.4810 1.4840 GBP/USD CurrentMon, 02 Nov 2009 13:19:41 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/2009-11-02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-11-01.htmlEUR/USD Current price: 1.4733 After testing 1.4680 pre interbank opening, pair strongly rebounded to current resistance level; with indicators exhausted to the downside in the hourly, pair could attempt some upside correction, thus limited by bearish 20 SMA and general market sentiment of increasing risk aversion. Pair needs to regain the 1.4780 to lose the bearish perspective, while break under 1.4680 support zone will accelerate downside momentum. If local shares follow Wall Street and fall,Sun, 01 Nov 2009 23:31:04 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/2009-11-01.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-30.v02.htmlEUR/USD Current price: 1.4790 Breaking lower ahead of U.S. opening, hourly indicators had turned bearish, with price currently under 20 SMA that had turned flat. Bigger time indicators remain flat, with 20 SMA still with a bearish slope, suggesting more downside to come in the next hours, y pair manages to break 1.4770 support zone. Support levels:  1.4770 1.4740 1.4700 Resistance levels 1.4810 1.4850 1.4890 GBP/USD Current price: 1.6563 Pair remains holding above the 1.6520 staticFri, 30 Oct 2009 13:16:34 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/2009-10-30.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-30.htmlEUR/USD Current price: 1.4837 Barely holding under the 38.2% of the last daily up leg, hourly indicators seem exhausted to the upside suggesting some downside correction to come, as long as pair don’t break above yesterday’s high zone of 1.4860. Bigger time frames however remain strongly bullish, and with NIKKEI 225 opening 1.3% up above 10000, expect the pair to extend current rally, as long as above 1.4770 support zone and local shares remain in positive territory. Support levels: Fri, 30 Oct 2009 00:08:04 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/2009-10-30.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-29.v02.htmlEUR/USD Current price: 1.4787 Surprise better than expected U.S. GDP triggered a risk appetite rally across the board, that send the pair to test the 1.4800 area; quite bullish in the hourly chart, pair needs to break above 1.4810 static resistance area to extend current rally. Bigger time frames show current movement correct previous oversold stage, and 20 SMA at 1.4850 area, along with the 38.2% retracement of the last daily bullish rally, is next key level to watch Support levels: 1.4740Thu, 29 Oct 2009 14:34:46 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/2009-10-29.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-29.htmlEUR/USD Current price: 1.4718 Nikkei 225 opened strongly down 1.3% breaking under 10.000 and reaching 9941, showing risk avert movements are not over in currency markets. Close to yesterday’s low also 61.8% of this month rally, confirmations under 1.4705 will likely send pair lower. Still, hourly indicators remain pointing for some upside corrections that likely remain limited if local stocks continue falling. Bigger time frame indicators also seem exhausted to the downside, yet current candleThu, 29 Oct 2009 00:19:55 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/2009-10-29.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-28.v02.htmlEUR/USD Current price: 1.4786 Pair continues under bearish pressure, unable to regain the 1.4800 level; technically, 20 SMA is losing downside momentum while indicators are turning to the upside in the hourly, suggesting some corrective movement ahead, that needs to overcome 1.4835 resistance level, so extend. Fresh low at 1.4755, along with 200 EMA in 4 hours charts around 1.4740, are next key support area: confirmations under that level, should send the pair lower to the 1.4705 zone. SupportWed, 28 Oct 2009 13:34:52 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/2009-10-28.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-28.htmlEUR/USD Current price: 1.4819 Nikkei opened slightly bearish, halting pair upside corrective movement. With hourly indicators losing upside strength, 20 SMA continues strongly bearish and acting ad dynamic resistance level. Small continuation triangle clear in the hourly, break under 1.4800, immediate support level, could signal more downside ahead of current session, yet 4 hours charts show indicators exhausted to the downside, suggesting some short upside corrective movements before nextWed, 28 Oct 2009 00:27:58 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/2009-10-28.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-27.v02.htmlEUR/USD Current price: 1.4877 Pair remains trapped between 1.4925 and 1.4850 lows, yet tending lower. Hovering around bearish 20 SMA, with indicators flat, pair needs to break 1.4840 support to gain bearish momentum, while the upside remains limited by the 1.4925 level. Bigger time frames point for further falls in the next session. Stocks and gold will be key for dollar’s trend. Support levels: 1.4840 1.4810 1.4760 Resistance levels: 1.4890 1.4925 1.4960 GBP/USD Current price: 1.6370 AsTue, 27 Oct 2009 13:28:40 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/2009-10-27.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-27.htmlEUR/USD Current price: 1.4849 Despite technically oversold, hourly charts for the pair show a continuation figure, with 1.4840 as key support level to watch, also the 38.2% retracement of the daily rally 1.4480/1.5063. 20 SMA has turned strongly bearish, thus bigger time frames show indicators a bit exhausted to the downside, suggesting some upside corrective movement to come in the next hours that could reach 1.4910 without harming current bearish trend. Break under 1.4840 will deny upsideTue, 27 Oct 2009 00:19:34 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/2009-10-27.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-26.v02.htmlEUR/USD Current price: 1.5020 Despite current candle opened under 20 SMA, pair remains trapped between 1.5015 and 1.5060 since early Europe. Indicators turned slightly bearish at this point, yet Euro seems to be quite comfortable above 1.5000, so the downside looks quite limited, also by an ascendant trend line coming from October low 1.4480. Pair needs to clearly break above year high of 1.5060 to regain some upside momentum. Support levels: 1.5000 1.4970 1.4940 Resistance levels: 1.5035Mon, 26 Oct 2009 13:21:00 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/2009-10-26.v02.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-26.htmlEUR/USD Current price: 1.4983 Pair turned slightly bearish in the hourly, thus 1.4970 support zone still holds. 20 SMA has turned to the downside, and remains above current price, while indicators in the hourly chart continue pointing for further falls if the support gives up. Bigger time frames indicators also support the bias, thus pair needs to clearly move away from the 1.5000 area to confirm a deeper correction. Support levels: 1.4960 1.4940 1.4910 Resistance levels: 1.5000 1.5025 1.5060Mon, 26 Oct 2009 00:54:26 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/2009-10-26.htmlhttp://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-10-23.htmlEUR/USD Current price: 1.5036 Euro continues consolidating above 1.5000, after printing another intra year high during Asian session at 1.5060, first static resistance to consider from current level. Hourly indicators are slightly bearish at this point, suggesting some downside movements ahead, thus seem quite limited at this point. Bigger time frames remain clearly bullish with 20 SMA guiding the pair. Clear confirmations under 1.4960 must be seen to call for a stronger downside movementFri, 23 Oct 2009 13:29:56 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/2009-10-23.html