EURUSD gathers the positive momentum – Analysis - 26-05-2017
Economies.com
2017-05-26 03:10AM UTC
The sideways range still dominating the EURUSD pair's recent trading, noticing that stochastic approaches from the oversold areas, while the EMA50 keeps providing the positive support to the price.
Therefore, these factors encourage us to keep our bullish overview, which targets testing 1.1365 level as a next main station, reminding you that holding above 1.1123 represents key condition to continue the suggested rise.
Expected trading range for today is between 1.1123 support and 1.1320 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
US retail sales beat expectations in March
2024-04-15 12:39PM UTC
US retail sales rose 0.7% in March, beating estimates of a 0.4% increase, while down from 0.9% in ...
Forex
Euro tries to recoup from five-month trough amid bearish outlook
2024-04-15 08:41AM UTC
Euro rose in European trade on Monday against a basket of major rivals amid attempts to recoup from ...
Forex
Euro sharpens decline to five-month lows on concerns about the interest rate gap
2024-04-12 08:04AM UTC
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 16-04-2024
2024-04-16 09:48AM UTC
EURUSD Price Forecast The EURUSD price finds good support at 1.0600$ barrier, to show some ...
Forex
The EURGBP tends to resume the decline – Forecast today – 16-4-2024
2024-04-16 05:51AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP pair confirmed its affection by the ...
Forex
The EURJPY achieves some gains – Forecast today – 16-4-2024
2024-04-16 05:47AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair rallied upwards yesterday to ...