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


EUR/USD Forecast Technical Analysis EUR/USD had a very bullish week as the hammer from the previous week got trigger to the upside. The pair has run all the way up to the 1.35 level, as well as the 50% Fibonacci retracement level from the fall back in September 2011. The latest move shows real strength, but the level that the market sits at now could cause some kind of pullback in the near-term. The 1.33 level looks supportive on the daily charts, so a pullback to that area could be in the

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