EUR USD begins quietly 07/02/2013

Economies.com
2013-02-07 05:28AM UTC

 

The pair’s trading settled above 1.3500 yesterday, and it starts this day with a quiet fluctuation at the mentioned level, and as long as the price remains above 1.3485, we are continuing in our bullish trend on the short term basis.

 

EMA50 supports the positive expectations, where Stochastic is reaching the threshold of the oversold levels to reinforce these expectations, which are mainly targeting 1.3825.

 

Expected trading range for today is between: 1.3450 support and 1.3750 resistance.

 

Expected trend for today: Bullish

 

Forex and Currency News

USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Technical Analysis

Forex

The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...