Midday update for EURUSD 13-10-2017

Economies.com
2017-10-13 10:34AM UTC

The EURUSD pair continues to fluctuate at the key support 1.1817, and as long as the price is above this level, the bullish trend scenario will remain valid for today, supported by the positive signal that appears clearly through stochastic, waiting to visit 1.2100 level as a first main target.

 

The EMA50 keeps the attempts to protect the suggested positive scenario, reminding you that breaking 1.1817 will push the price towards 1.1679 before any new attempt to rise.

 

Expected trading range for today is between 1.1770 support and 1.1950 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro approaches week high amid positive outlook
2024-04-18 08:30AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex News

Forex

Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
GBP/USD news

Forex

Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 18-04-2024
2024-04-18 11:09AM UTC
GBP/USD Price Analysis Expected Scenario The GBP/USD price is testing the 1.2480$ ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 18-04-2024
2024-04-18 11:08AM UTC
The EURUSD price shows more bullish bias to approach 1.0715$ level, and as we mentioned this ...
Technical Analysis

Forex

The CADCHF takes advantage of the support line stability – Forecast today – 18-4-2024
2024-04-18 05:38AM UTC
CADCHF Price Analysis Expected Scenario The CADCHF takes advantage of the stability of ...