EUR USD continues to fluctuate 17/01/2014

Economies.com
2014-01-17 05:45AM UTC

The pair shows more trading around 1.3620, and the overall weak trading appears on the price, which keeps the sideways range dominating the intraday actions, between 1.3560 support and 1.3690 resistance, waiting to succeed to breach one of these levels to detect the next track clearly.

 

We remind you that breaking the mentioned support will push the price to test the key support at 1.3505, while breaching above the resistance will open the way for recovery trip that its targets begin at 1.3805 followed by 1.4000

 

Expected trading range for today is between: 1.3505 support and 1.3805 resistance.

 

Expected trend for today: Sideways

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
GBP USD Analysis

Forex

The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...