Midday update for EURUSD 18-07-2017

Economies.com
2017-07-18 10:09AM UTC

The EURUSD pair resumes its positive attempts now after the sideways fluctuation in this morning, reinforcing the chances for the bullish trend continuation on the intraday and short term basis, and the way is open for testing 1.1565 level that represents our first main target, waiting for breaching it to confirm the rally to 1.1700 on the near term basis.

 

Therefore, so our bullish trend expectations will remain active for the rest of the day unless breaking 1.1418 level and holding below it.

 

Expected trading range for today is between 1.1450 support and 1.1650 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

USD/JPY 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 ...
EUR/USD news

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 ...
USD/JPY news

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

GBP USD 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 ...
EUR USD Analysis

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 ...
Technical Analysis

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 ...