EUR has hit the stop in my yesterday's forecast as it progressed significantly during european session, but was unable to keep the gains through the rest of the day and returned to the support 1.2930. This morning the same scenario develops with some gains during early Asia. Some good ZEW data today may boost the EUR upside, but no more than 1.3040-60. We have a resistance zone between 1.2975-90 which will hold maybe until ZEW release today, next resistance zone is 1.3040-60, for which i suppose to cap any upside. EUR is in a triangle formation which can be clearly seen on a Daily. Still falls to 1.2840-50 are possible without destroying the triangle consolidation, so keep this im mind. I expect that this consolidation will end with a powerful move up above 1.3170 within the next 8-10 days.

GOLD is under partly profit taking and it fell with almost 70 dollars for 7 days currently trading @ 1736 and the important support is some 30 dollars below @ 1706. I expect the price will go back upside to 1750 and then a new leg down will develop to 1700 and maybe below.

For today:

LONG EUR above 1.2940 SL 1.2920 TP 1.3040 

SHORT EUR below 1.2910 SL 1.2930 TP 1.2840

SHORT GOLD below 1755 SL 1760 TP 1740 - 1728 - 1715 - 1705 (if you are not sure what to do just stay away)

Good luck!