Midday update for EURUSD 26-06-2017
Economies.com
2017-06-26 09:54AM UTC
The EURUSD pair shows some slight bearish bias since morning to move away from 1.1200 level, which supports the continuation of the bearish trend scenario for the rest of the day, reinforced by stochastic negativity, noting that breaking 1.1175 level will ease the mission of heading towards our main target at 1.1060.
Therefore, the decline will remain suggested in the upcoming sessions unless breaching 1.1230 level and holding above it.
Expected trading range for today is between 1.1060 support and 1.1250 resistance.
Expected trend for today: Bearish
Forex and Currency 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 ...
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
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 16-05-2024
2024-05-16 09:26AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some bearish bias to head ...
Forex
The EURUSD price forecast update - 16-05-2024
2024-05-16 09:25AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price faces negative pressure now to ...
Forex
The NZDCAD regains the bullish track – Forecast today – 16-5-2024
2024-05-16 05:41AM UTC
NZDCAD Price Analysis Expected Scenario The NZDCAD price succeeded in regaining the ...