The EURSEK records new targets – Analysis – 10-10-2019
Economies.com
2019-10-10 08:37AM UTC
The EURSEK price continued to form a strong bullish trading, achieving new positive targets by hitting 10.9326 level, the current positivity caused by the stability of the price within the bullish channel, supported by forming an extra barrier at 10.8550 against the bullish trading.
Stochastic stability within the overbought level will increase the chances for gathering extra positive momentum, which makes us prefer targeting the bullish channel’s resistance at 11.000 soon.
The expected trading range for today is between 10.8800 and 11.0000
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex
Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex Technical Analysis
Forex
Update: Weak trades, waiting the US economic data
2024-05-03 08:20AM UTC
The major currencies’ pairs and commodities show weak and tight trades since morning, waiting ...
Forex
The EURJPY threats the support – Forecast today – 3-5-2024
2024-05-03 07:07AM UTC
Scenarios Scenario 1: Potential for Positive Momentum EURJPY pair unable to shake off negative ...
Forex
The GBPJPY fluctuates near the support – Forecast today – 3-5-2024
2024-05-03 07:06AM UTC
Scenarios Scenario 1: Activation of Bullish Momentum GBPJPY pair forms new negative waves, ...