The EUR/USD pair continued last week rally during Tuesday trading session, which was the first trading day in the U.S. during this short trading week. The strength of the Euro came along with the Non Manufacturing Purchasing Manager's index which came lower than expected at 53.8. This figure was released after an array of disappointing data, adding to concern about U.S. continual growth. The EUR/USD pair traded higher through the day but paired some of its gains due to analysts warning about the Euro.

Forex Market Trends

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

Daily Trend
up
down
down
down
up
up

Weekly Trend
up
up
down
down
down
up

Resistance
1.2670
1.5210
88.25
1.0700
0.8470
0.8405

1.2650
1.5190
88.05
1.0680
0.8450
0.8385

1.2620
1.5160
87.75
1.0650
0.8420
0.8355

Support
1.2560
1.5100
87.15
1.0590
0.8460
0.8295

1.2530
1.5070
86.85
1.0560
0.8430
0.8265

1.2510
1.5050
86.65
1.0540
0.8410
0.8245