During the past week, the Euro managed to recover against most of the major currencies. However as this week began, concerns over an economic growth due to the Euro-Zone's debt crisis have weakened the Euro. Will the Euro face yet another bearish trend this week?

Forex Market Trends

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend
up
up
no
up
up
up

Weekly Trend
up
no
no
no
up
up

Resistance
1.2600
1.4575
91.15
1.1620
0.8380
0.8750

1.2570
1.4540
90.80
1.1590
0.8350
0.8715

1.2540
1.4510
90.50
1.1560
0.8315
0.8680

Support
1.2475
1.4440
89.80
1.1495
0.8245
0.8610

1.2440
1.4410
89.50
1.1460
0.8210
0.8580

1.2410
1.4375
89.20
1.1430
0.8180
0.8545