Midday update for EURUSD 12-02-2018
Economies.com
2018-02-12 10:57AM UTC
The EURUSD pair tested the key resistance 1.2300 without managing to breach it, showing some slight bearish bias affected by stochastic negativity, and it might lean on 1.2226 support again before attempting to rise again.
In general, we will keep our bullish overview for the upcoming period depending on the stability above the mentioned support, reminding you that breaching 1.2300 will confirm opening the way to achieve our positive targets that start at 1.2390 and extend to 1.2536.
Expected trading range for today is between 1.2200 support and 1.2390 resistance.
Expected trend for today: Bullish
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 ...