This video presents an analytical outlook for the major currency pairs, giving more attention to EUR/USD. From the fundamental point of view EUR/USD is moved more by the Greek financial problem than any U.S. macroeconomic indicators. From the technical point of view the pair approached another resistance level, which isn’t supposed to hold for too long.
Watch this technical analysis of the EUR/USD and USD/JPY pairs based on the channels and the support and resistance levels. Both currency pair continue to remain near important breakout/pullback levels.
Although the EUR/USD has hit its short-term bottom, the corrective mood of the stock markets and the euro may continue to press on the pair in long-term. Watch this technical and fundamental analysisvideo for some trading insights regarding the major Forexcurrency pairs.
Although the EUR/USD has bounced off yesterday, it’s likely that the dollar will continue to gain in medium-term. Watch this major pairs’ video technical analysis for the intraday Forex ideas for today.
