Forex and Domain

EUR/USD lost the support line as refers to the default value for Greece and problematic bailout for the Portugal weigh on the common currency. Important us figures are due and will rock the pair as well.  Here's an update fast vehicles, fundamentals and sense movement currently markets.

EUR/USD Technicals

Asian session: Euro/Dollar made another attempt for the 1.4520 line, but was unable to break higher. The fall came in the European session.Current range - 1.4380 - 1.4450

In addition to the levels in both directions: below 1.4380 1.4282 1.4160, 1.4030, 1.3950, 1.3860, 1. 3760Above: 1.4450, 1.4520, 1.4580, 1.48, 1.50, 1.51441.4450 is now resistance, but lower that. previous 1.4520 proved to be a line hard.1.4380 is the first line of support, with 1.4282 one line more forts.

Euro/Dollar High Media - click graph to enlarge.

EUR/USD Fundamentals-

Monthly Bulletin of the ECB of 8: 00. Expressed concern in the midest turmoil. Requests for unemployment US Exp 379 k. 12: 12: 30: 30 US PPI. Exp 1.1%. Intel Core exp + 0.2%. 13: 00 US FOMC member Elizabeth Duke speaks. Member of Dovish. 13: 20 US FOMC exp Narayana Kocherlakota speaks. Member of Hawkish. 16: 30 US FOMC exp. Charles Plosser. Hawkish exp.

* All times are GMT.

For more events later in the week, see the EUR/USD forecast

EUR/USD sense

By default for the Greece?: there are a lot of speculation about a default value for the small country. He is being denied and ignored. When may finally, it could be damaging to the Euro, but already seems inevitable, after the comments of Greek and European officials.
Bailout for the Portugal - there no s no Government in Lisbon, making it difficult to agree on a rescue program. In addition, the outcome of Greek rescue raises doubts about the chances of success moving to the Portugal. Portuguese yields has already adopted the 9% mark. To learn more about the Portuguese bailoutthat higher rates more in Europe? Not so fast: with the decline in the price of oil in the last few days and all the fears of the debt, the next rate increase will be probably be rebutted.
FED inclined towards doves: after a few recent warmongering speecheswe now hear of doves in the Federal Reserve. Dudley and Yellen are definitely in the camp of the Dove. This weakens the dollar in all areas.Want to see what other traders in real accounts? See Currensee. It's free...