EUR/USD Forecast April 29, 2014, Technical Analysis

The EUR/USD pair went back and forth during the session on Monday, touching as high as the 1.39 region, but also when as low as the 1.38 region. With that, as a result we feel that the market is essentially still stuck in this general vicinity. Because of this, we feel that this market is going to be difficult to trade, and will be far too volatile to be involved with in the near-term. We will however, continue to monitor the markets and report on anything worth trading in this particular market.