EUR USD continues to fluctuate – Analysis -02/09/2015
Economies.com
2015-09-02 04:52AM UTC
The EURUSD pair shows more trading near 1.1285 level, and the EMA50 remains form negative pressure against the positive attempts of the price, while stochastic shows negative signal on the four hours time frame.
Therefore, these factors encourages us to keep our bearish trend expectations in the upcoming period, which its targets begin by breaking 1.1180 level to confirm heading towards 1.1060, reminding you that holding below 1.1385 conditioned for achieving the suggested targets.
Expected trading range for today is between 1.1100 support and 1.1350 resistance.
Expected trend for today: Bearish
Forex and Currency 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 ...
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 ...
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
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 ...
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 ...
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 ...