EUR USD reaches psychological level 26/11/2012
Economies.com
2012-11-26 05:39AM UTC
The pair was able to reach the main waited target at the psychological barrier 1.3000, to bounce lower now affected by this level strength and Stochastic negativity.
Now, we expect that the bullish bias might control the upcoming trading, and the next targets at 1.3145 followed by 1.3280, taking into consideration that breaching 1.2910 then 1.2865 will significantly decrease the chances of achieving the waited targets.
Expected trading range for this week is between: 1.2800 support and 1.3280 resistance.
Expected trend for this week: Bullish
Forex and Currency News
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
Forex
The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...
Forex
The USDCHF price awaits the breach – Forecast today - 29-04-2024
2024-04-29 03:32AM UTC
USDCHF Price Analysis The USDCHF price continues to fluctuate around 0.9150 level and finds ...