http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/17/EUR/USD No recent new lows. EUR/USD is thus far holding above its 15 May low at 1.2843. Hourly resistances are at 1.2943 (15/05/2013 high) and 1.3029 (14/05/2013 high). The break of the support at 1.2955 validates a double-top, which calls for a test of the strong support area between 1.2746 and 1.2662. In the medium-term, the recent price action from 1.2746 is simply viewed as a corrective phase within a larger downtrend. The recent new lows below 1.2955 suggest the end of the rebound and aFri, 17 May 2013 08:27:13 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/17/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/16/EUR/USD Drifting lower. EUR/USD has broken the support at 1.2955. The implied double-top calls for a test of the strong support area between 1.2746 and 1.2662. Hourly resistances are at 1.2943 (15/05/2013 high) and 1.3029 (14/05/2013 high). In the medium-term, the recent price action from 1.2746 is simply viewed as a corrective phase within a larger downtrend. The recent new lows below 1.2955 suggest the end of the rebound and a return towards the key support at 1.2662 (13/11/2012 low). AwaitThu, 16 May 2013 08:20:18 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/16/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/15/EUR/USD Bearish breakout of the support at 1.2955. EUR/USD has broken the support at 1.2955. The implied double-top calls for a test of the strong support area between 1.2746 and 1.2662. An hourly resistance is at 1.3029 (14/05/2013 high). In the medium-term, the recent price action from 1.2746 is simply viewed as a corrective phase within a larger downtrend. The recent new lows below 1.2955 suggest the end of the rebound and a return towards the key support at 1.2662 (13/11/2012 low). ForWed, 15 May 2013 08:44:42 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/15/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/14/EUR/USD Bouncing close to the support at 1.2955. EUR/USD is bouncing near the support at 1.2955. A first resistance to watch can be found at 1.3051 (10/05/2013 high). We favour a break to the downside out of the recent horizontal range between 1.2955 and 1.3202 and a decline towards the strong support area between 1.2746 and 1.2662. In any case, the recent price action from 1.2746 is simply viewed as a corrective phase within a larger downtrend. Thus higher levels are sought for better tradeTue, 14 May 2013 09:49:06 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/14/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/13/EUR/USD Finds support close to the 1.2955 level. EUR/USD broke under the 200 day moving average. We now look to see if the break lower can be maintained. As mentioned in Friday's report, the 1.2955 region is anticipated to offer strong support. In any case a sustained break under 1.2955 would only weaken the recovery structure from 1.2746. However, in order to turn the bias outright negative again a clear push below 1.2746 is required. While above this level there remains scope for a furtherMon, 13 May 2013 09:51:50 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/13/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/10/EUR/USD Under 1.2955 required to turn bias negative. EUR/USD remains above the 200 day moving average. We are wary of the weakness seen yesterday but still require a push under 1.2955 in order to turn the bias negative. In the meantime, we remain of the view that there is scope for a return to the 1.3300 region. In any case, in line with our views in the USD Index we anticipate the formation of a lower high under the 1.3711 annual high. We would expect strong resistance if a push higher to theFri, 10 May 2013 09:14:23 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/10/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/08/EUR/USD Further short-term upside anticipated. EUR/USD's failure to push lower yesterday increases the chances of a move higher towards our target zone for short entry near 1.3300. Any near-term strength is not expected to break above the key 1.3711 annual high. In the short-term a break under 1.2955 (24/04/2013 low) is required to turn the nearterm bias negative once again. We would expect strong resistance if a push higher to the 1.3300 region can be realised and for now would rather sellWed, 08 May 2013 09:41:34 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/08/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/07/EUR/USD Consolidation continues above the 200 day moving average. EUR/USD is maintaining its position above the 200 day moving average. Given the recent failure to print a lower low, scope still remains for a final swing higher towards the 1.3300 region ahead of a lower high under 1.3711. In the short-term a break under 1.2955 (24/04/2013 low) is required to turn the nearterm bias negative once again. We await signs of exhaustion at slightly higher levels before attempting shorts. In theTue, 07 May 2013 09:32:26 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/07/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/06/EUR/USD In the midst of a correction higher. EUR/USD continues to remain above the 200 day moving average, however, the rise from 1.2746 (04/04/2013 low) is still viewed as a corrective phase higher, with a lower high sought under 1.3711. In the short-term a break under 1.2955 (24/04/2013 low) is required to turn the nearterm bias negative once again. In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low)Mon, 06 May 2013 09:35:18 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/06/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/03/EUR/USD Back into its horizontal range. EUR/USD declined sharply yesterday. It is back into its horizontal range defined by the support at 1.2962 (08/04/2013 low)/1.2955 (24/04/2013 low) and the resistance at 1.3202/1.3243 (01/05/2013 high). An hourly support can be found at 1.3055 (30/04/2013 low), while an hourly resistance lies at 1.3147 (intraday low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013Fri, 03 May 2013 10:21:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/03/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/02/EUR/USD Intraday bearish reversal near the resistance at 1.3202. EUR/USD moved above the resistance at 1.3202 (16/04/2013 high) yesterday but failed to close above it, puting in place an intraday bearish reversal. An hourly support is at 1.3121 (intraday high) and 1.3055 (30/04/2013 low). An hourly resistance lies now at 1.3243 (01/05/2013 high). The ECB is widely expected to cut rates today. In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, theThu, 02 May 2013 09:33:58 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/02/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/01/EUR/USD Approaching the resistance at 1.3202. EUR/USD has broken the resistance at 1.3129 (19/04/2013 high) and is now close to the resistance at 1.3202 (16/04/2013 high). An hourly support is at 1.3121 (intraday high) and 1.3055 (30/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance is at 1.3319 (25/02/2013 high).Wed, 01 May 2013 09:18:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/05/01/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/30/EUR/USD Bouncing. EUR/USD has broken its short-term declining trendline and is now challenging the resistance at 1.3129 (19/04/2013 high). Another resistance can be found at 1.3202 (16/04/2013 high). An hourly support is at 1.3032 (intraday low). Another support lies at 1.2962 (08/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A keyTue, 30 Apr 2013 09:29:24 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/30/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/29/EUR/USD Bouncing. EUR/USD is challenging its short-term declining trendline in an attempt to extend its bounce. Other resistances are at 1.3129 (19/04/2013 high) and 1.3202 (16/04/2013 high). Supports can be found at 1.2962 (08/04/2013 low) and 1.2901 (05/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance is at 1.3319Mon, 29 Apr 2013 09:43:06 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/29/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/26/EUR/USD Weak bounce thus far. EUR/USD bounced yesterday but retraced most of its gains at the end of the session, suggesting a persistent selling pressure. Hourly resistances are at 1.3084 (23/04/2013 high) and 1.3129 (19/04/2013 high). Supports can be found at 1.2962 (08/04/2013 low) and 1.2901 (05/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within anFri, 26 Apr 2013 09:36:26 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/26/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/25/EUR/USD Bouncing close to the support at 1.2962. EUR/USD has thus far failed to break the support at 1.2962 (08/04/2013 low). Hourly resistances are at 1.3084 (23/04/2013 high) and 1.3129 (19/04/2013 high). Another support can be found at 1.2901 (05/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance is at 1.3319Thu, 25 Apr 2013 09:23:54 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/25/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/24/EUR/USD Drifting lower. EUR/USD made a new low yesterday, which favours a bearish bias. Monitor the hourly support at 1.2962 (08/04/2013 low). Another support can be found at 1.2901 (05/04/2013 low). Hourly resistances are at 1.3084 (23/04/2013 high) and 1.3129 (19/04/2013 high). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance isWed, 24 Apr 2013 09:12:25 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/24/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/23/EUR/USD Bearish bias still favoured. EUR/USD made a bearish engulfing pattern on 17 April. A short-term bearish bias is favoured as long as the hourly resistance at 1.3125 (61.8% retracement) holds (on an hourly close basis). Monitor the hourly support at 1.3002 (17/04/2013 low). Other supports can be found at 1.2962 (08/04/2013 low) and 1.2901 (05/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746Tue, 23 Apr 2013 08:43:41 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/23/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/22/EUR/USD Recent bearish engulfing pattern favours a negative bias. EUR/USD made a bearish engulfing pattern on 17 April. A short-term bearish bias is favoured as long as the hourly resistance at 1.3125 (61.8% retracement) holds (on an hourly close basis). Hourly supports are at 1.3002 (17/04/2013 low) and 1.2962 (08/04/2013 low). Another resistance can be found at 1.3202 (16/04/2013 high). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, theMon, 22 Apr 2013 11:12:43 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/22/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/19/EUR/USD Recent bearish engulfing pattern favours a negative bias. EUR/USD made a bearish engulfing pattern on 17 April, which calls for a short-term bearish bias. Hourly resistances can be found at 1.3102 and 1.3125 (50% and 61.8% retracement of yesterday's decline). Hourly supports are at 1.3002 (17/04/2013 low) and 1.2962 (08/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen asFri, 19 Apr 2013 09:40:18 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/19/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/18/EUR/USD Bearish engulfing pattern casts a negative bias. EUR/USD completely retraced Tuesday's rise yesterday, validating a bearish engulfing pattern and calling for a short-term bearish bias. Hourly resistances can be found at 1.3102 and 1.3125 (50% and 61.8% retracement of yesterday's decline). Hourly supports are at 1.3002 (17/04/2013 low) and 1.2962 (08/04/2013 low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise fromThu, 18 Apr 2013 09:29:59 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/18/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/17/EUR/USD Bullish breakout at 1.3162. EUR/USD has broken the key resistance at 1.3162 (28/02/2013 high). A further short-term rise towards the key resistance at 1.3319 is likely. An hourly support area can be found between 1.3122 (intraday low) and 1.3112 (intraday low). In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance is at 1.3319Wed, 17 Apr 2013 10:03:44 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/17/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/16/EUR/USD Short-term correction. EUR/USD is close to the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). However, thus far, the recent weakness looks like a short-term pullback on the broken declining trendline. Another support can be found at 1.2962 (08/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012Tue, 16 Apr 2013 09:18:58 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/16/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/15/EUR/USD Moving sideways. EUR/USD is close to the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Monitor the hourly support at 1.3044 (11/04/2013 low). Another support can be found at 1.2962 (08/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the riseMon, 15 Apr 2013 10:28:11 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/15/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/12/EUR/USD Challenging a key resistance area. EUR/USD is challenging the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Hourly supports are at 1.3044 (11/04/2013 low) and 1.2962 (08/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012Fri, 12 Apr 2013 09:30:44 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/12/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/11/EUR/USD Near a key resistance area. EUR/USD is near the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Hourly supports are at 1.3005 (09/04/2013 low) and 1.2962 (08/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made itsThu, 11 Apr 2013 09:24:48 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/11/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/10/EUR/USD Approaching a key resistance area. EUR/USD continues to rise and is now approaching the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Hourly supports are at 1.3074 (intraday low) and 1.2962 (08/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest thatWed, 10 Apr 2013 08:52:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/10/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/09/EUR/USD The resistance at 1.3048 has been breached. EUR/USD has moved above the resistance at 1.3048 (25/03/2013 high, see also the declining trendline), but has failed, thus far, to hold above it. Hourly supports are at 1.2962 (08/04/2013 low) and 1.2901 (05/04/2013 low). Another resistance can be found at 1.3107 (15/03/2013 high). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day movingTue, 09 Apr 2013 10:53:19 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/09/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/08/EUR/USD Approaching the resistance at 1.3048. EUR/USD is approaching the resistance at 1.3048 (25/03/2013 high, see also the declining trendline). Another resistance can be found at 1.3107 (15/03/2013 high). Hourly supports are at 1.2962 (intraday low) and 1.2901 (05/04/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 hasMon, 08 Apr 2013 09:40:37 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/08/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/05/EUR/USD Yesterday's bullish intraday reversal is short-term positive. EUR/USD has broken to the upside out of its recent base formation between 1.2751 and 1.2890. Further short-term strength is favoured. Resistances can be found at 1.2949 (04/04/2013 high) and 1.3048 (25/03/2013 high). An hourly support is at 1.2864 (03/04/2013 high). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 dayFri, 05 Apr 2013 10:05:27 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/05/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/04/EUR/USD Weak bounce thus far. EUR/USD has thus far failed to break the hourly resistance at 1.2890 (26/03/2013 high). Hourly supports are given by the hourly rising trendline and 1.2751 (27/03/2013 low). Another resistance can be found at 1.3048 (25/03/2013 high). The ECB meeting today could offer some support to the Euro as measures targeted to improve credit access for SME are more likely than rate cuts. In the longer-term, the succession of lower highs since 1 February and the recent newThu, 04 Apr 2013 09:08:25 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/04/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/03/EUR/USD Weak bounce thus far. EUR/USD has thus far faded near the hourly resistance at 1.2890 (26/03/2013 high). A new test of the hourly support at 1.2751 (27/03/2013 low) is likely. Another resistance can be found at 1.3048 (25/03/2013 high). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its top at 1.3711. A test of theWed, 03 Apr 2013 08:30:25 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/03/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/02/EUR/USD Bouncing. EUR/USD is bouncing within its underlying downtrend. An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance can be found at 1.3048 (25/03/2013 high). An hourly support is at 1.2751 (27/03/2013 low). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its top at 1.3711. A test of the key supportTue, 02 Apr 2013 09:23:29 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/04/02/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/28/EUR/USD Still weakening. EUR/USD has broken its support at 1.2844, which calls for further weakness towards the next key support at 1.2662 (13/11/2012 low). An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance can be found at 1.3048 (25/03/2013 high). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its topThu, 28 Mar 2013 09:35:05 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/28/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/27/EUR/USD Making new lows. EUR/USD is moving below its support at 1.2844, which calls for further weakness towards the next key support at 1.2662 (13/11/2012 low). An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance is at 1.3048 (25/03/2013 high). In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its top atWed, 27 Mar 2013 11:04:07 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/27/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/26/EUR/USD Recent low at 1.2844 is challenged. EUR/USD erased yesterday the entire rise made since 19 March. Monitor the test of the support at 1.2844. Another support is at 1.2662 (13/11/2012 low). Hourly resistances can be found at 1.2943 (intraday low) and 1.3048 (25/03/2013 high). The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearish breakout at 1.2998 (04/01/2013 low). Monitor the key supports at 1.2877Tue, 26 Mar 2013 10:50:33 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/26/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/25/EUR/USD Bullish breakout at 1.2996. EUR/USD has broken the resistance at 1.2996 (18/03/2013 high, see also the declining trendline). A rise towards the resistance at 1.3107 (15/03/2013 high) is favoured as long as the hourly support at 1.2943 (intraday low) holds. Another support is at 1.2844 (19/03/2013 low). The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearish breakout at 1.2998 (04/01/2013 low).Mon, 25 Mar 2013 10:56:35 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/25/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/22/EUR/USD A break of 1.2996 is needed to improve the short-term technical outlook. EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis. However, the succession of lower highs and lower lows is still in place and the current bounce is unimpressive thus far. Monitor the resistance at 1.2996 (18/03/2013 high, see also the declining trendline). Another resistance is at 1.3107 (15/03/2013 high). The technicalFri, 22 Mar 2013 10:52:53 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/22/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/21/EUR/USD Weak bounce thus far. EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis. However, the succession of lower highs and lower lows is still in place and the current bounce is unimpressive. Monitor the resistance at 1.2996 (18/03/2013 high). Another resistance is at 1.3107 (15/03/2013 high). The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), areThu, 21 Mar 2013 11:12:27 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/21/http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/20/EUR/USD The support at 1.2877 is challenged. EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis. However, the succession of lower highs and lower lows is still in place. Monitor the resistance at 1.2996 (18/03/2013 high). Another resistance is at 1.3046 (intraday low). The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearishWed, 20 Mar 2013 11:01:49 GMThttp://www.fxstreet.com/technical/analysis-reports/info@migbank.com (MIG Bank)http://www.fxstreet.com/technical/analysis-reports/technical-trading-strategies/2013/03/20/