EURUSD within tight range – Analysis - 14-06-2017
Economies.com
2017-06-14 01:34AM UTC
The EURUSD pair did not show any strong move yesterday as in the past days, to continue fluctuating around 1.1200 level, and as long as the price is above 1.1123 level, our bullish overview will remain active for the upcoming period, supported by stochastic heading upwards on the four hours' time frame.
Our next target is located at 1.1365, and breaching it will lead the price to extend its gains to head towards 1.1615 on the short term basis, while breaking 1.1123 represents negative factor that will push the price to test 1.0973 areas before any new attempt to 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
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
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 Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
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, ...