Forex and Domain

EUR/USD is trading almost perfect way in a higher range, rejecting the bad news about the debt crisis and pending data key of the United States that promises a strong end of the week.  Here's an update fast vehicles, fundamentals and sense movement currently markets.

EUR/USD Technicals

Asian session: Euro/Dollar exchanged approximately 1.45, then made a dip but bounced back exactly on the line of current 1.4450.Gamme - 1.4450 - 1.4520

In addition to the levels in both directions: below 1.4450 1.4380 1.4282, 1.4160, 1.4030, 1.3950, 1.3860, 1. 3760Above: 1.4520, 1.4580, 1.48, 1.50 1.51441.4520 proved to be a hard line over and over time.1.4450 now works as excellent support, switching the roles of yesterday. 1.4380 is more below...

Euro/Dollar High Media - click graph to enlarge.

EUR/USD Fundamentals-

9: 00 European CPI. EXP + 2.6%. Exp. index 1.1%. Real, + 2.7% and 1.3% respectively - higher than expected.9: 00 The European Trade Balance. Exp 3.4 billion. Actual - 2.4 billion - better than expected.12: 30 US CPI. Exp 0.5%. Exp. index + 0.2%. See how trade EUR/USD on this event.12: 30 Pm us Empire State Index of manufacturing. Exp 17.1 points.13: 00 We tick purchases in the long term. Exp. 60. billion13: 15 US Industrial Production. Exp + 0.5%. 13: 15 we rate of capacity utilization. Exp 77.5%. 14: 55 we among consumers. Member of US FOMC exp. 68.7 points 15: 15 Charles Evans speaks.

* All times are GMT.

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

EUR/USD sense

An another downgrade for the Ireland: Moody downgrades Ireland once more. Markets are not excited.China continues to growth: the economic giant of the East has posted strong growth, 9.7% and high inflation, 5.4%. He continues to "export" this inflation, then the Europe "imports" it. Expectations rates for hiking in Europe rise once again, and this supports the Euro.By default for the Greece?: German Finance Minister declined comment on a Greek default, but it is well obvious that this happens. Greek yields are affect the sky...
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. See more on the Portuguese rescue planFed forced to act on rates: ICC will show us if inflation becomes a problem to the United States as well. Probably not.After a few recent bellicose rhetoric, we had some doves. This version today will certainly affect the FOMC meeting in two weeks. Yesterday in the PPI and jobless claims showed that there is no rush.Want to see what other traders in real accounts? See Currensee. It's free...
Tags: utilization of capacity, Charles Evans, the rescue plan, purchasing long-term trade balance ICT, portugal from the Greek by default, the Industrial Production of sense, ICC, Empire State Manufacturing, EUR/USD, technical analysis, consumer