EURUSD begins positively – Analysis - 07-06-2017
Economies.com
2017-06-07 01:23AM UTC
The EURUSD pair begins today’s trading with calm positivity heading to 1.1300 level, and the price gets continuous positive support from the EMA50, reinforcing the chances for the continuation of the rise in the upcoming period.
Therefore, the bullish trend will remain active in the upcoming period unless breaking 1.1123 level and holding below it, reminding you that our first main target at 1.1365, where breaching it represents the extension key for the gains to reach 1.1615 as a next main station.
Expected trading range for today is between 1.1200 support and 1.1365 resistance.
Expected trend for today: Bullish
Forex and Currency News
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
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...
Forex
The EURCAD under the negative pressure – Forecast today – 26-4-2024
2024-04-26 06:52AM UTC
EURCAD Price Analysis Expected Scenario The EURCAD price repeated the negative closings ...