EUR
Forex Trading: Euros reaching some resistance creating what looks to be like a triangle pattern...
Euros reaching some resistance creating what looks to be like a triangle pattern.

Forex Trading: Euros getting paid from their lows...
Euros getting paid from their lows on an hourly.

Forex Trading: Euro recovering a little after Friday's sharp sell off...
Euro recovering a little after Friday's sharp sell off:

Forex Trading: Euros near their London session lows...
Euros near their London session lows, let's see what NY thinks of these levels as they will be coming in shortly.

Forex Trading: Euro calling "May Day, May Day" as it sinks lower and lower...
On what is known as "May Day", the Euro is calling "May Day, May Day" as it sinks lower and lower.

Forex Trading: Euro continuing to tumble as London doesn't like EUR/USD...
Euro continuing to tumble as London doesn't like EUR/USD.

Forex Trading: Euros getting offered from its trendline resistance...
Euros getting offered from its trendline resistance.

Forex Trading: EUR relatively contained on an hourly...
EUR relatively contained on an hourly with Europe on holiday.

Forex Trading News: 5:00 AM EUR Data Released
The CPI Flash Estimate comes out at 3.3% from the previous 3.5%. This was forecast at .4%.
Consumer Confidence comes out at -12 from the previous -12. -13 was forecast.
The EUROZONE unemployment rate comes out at 7.1% from the previous 7.1%. No change was forecast.
Not too much movement initially after all of this data as all numbers are pretty close to what was expected. However with all of this data out at once, there can be some significant moves after the data gets digested by traders.
The EURUSD did fall to session lows however.
Forex Trading: Euro getting crushed...
Euro getting crushed as USD is stronger across the board.






