Weekly Technical Majors Analysis: EUR/USD, GBP/USD, USD/CHF, USDJPY


EUR/USD Forecast Technical Analysis EUR/USD fell hard during the week as the debt crisis is starting to infect Germany as well. The Germans had a failed debt auction this week, and the markets got spooked as a result. The pair is decidedly broken at this point, and the all-important 1.35 level finally gave way to the bears. The breaking of 1.31 will be watching for now, and could open the door to 1.30 and 1.25, respectively. The pair could and probably will bounce at one point or another, and

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