End of day analysis for EURUSD 12-12-2017

Economies.com
2017-12-12 19:18PM UTC

The EURUSD pair resumed its negative trades to approach our waited target at 1.1679, which supports the continuation of our bearish overview in the upcoming sessions, being aware that it is important to monitor the price when reaching the targeted level, as breaking it will open the way to extend the correctional bearish wave on the short term basis, while holding against the negative pressure will lead the price to return to the correctional bullish track again.

Forex and Currency News

Forex News

Forex

US consumer prices miss estimates in April
2024-05-15 12:39PM UTC
 US consumer prices rose 0.3% m/m in April, missing estimates of a 0.4% ...
AUD/USD news

Forex

Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
  AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
GBP USD Analysis

Forex

The GBPUSD forecast update 15-05-2024
2024-05-15 09:28AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price continues to rise to approach ...