Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

EURGBP keeps the positivity – Analysis – 28-12-2018

Economies.com
2018-12-28 10:33AM UTC

The EURGBP pair confirmed keeping the bullish bias domination due to its stability above 0.8970 support, noticing the beginning of forming real positive rally by reaching 0.9055 level, to continue suggesting the bullish attempts that target 0.9160 level mainly, followed by reaching the previously recorded top at 0.9300.

 

Stochastic stability around 80 level increases the chances of gaining additional positive momentum, to ease the attempts to form strong bullish trades until reaching the suggested targets.

 

Expected trading range for today is between 0.8990 and 0.9100

 

Expected trend for today: Bullish

Midday update for bitcoin 28-12-2018

Economies.com
2018-12-28 10:31AM UTC

Bitcoin price shows sideways and tight trading since morning, settling around 3600.00, and the EMA50 continues to press negatively on the price, to keep the bearish trend scenario active for today, which depends on the price stability below 3920.00, while its main targets located at 3500.00 followed by 3100.00.

 

Expected trading range for today is between 3200.00 support and 3900.00 resistance

Expected trend for today: Bearish

Midday update for AUDUSD 28-12-2018

Economies.com
2018-12-28 10:31AM UTC

The AUDUSD pair shows some slight bullish bias affected by stochastic positivity, noticing that the indicator loses its positive momentum and reaches the overbought areas, waiting to motivate the price to resume the bearish trend that its next target located at 0.6920, while its continuation conditions holding below 0.7120.

 

Expected trading range for today is between 0.6970 support and 0.7100

 

Expected trend for today: Bearish

Midday update for Brent oil 28-12-2018

Economies.com
2018-12-28 10:30AM UTC

Brent oil price tests 54.00 level and still below it, and as we mentioned this morning, holding below 54.90 will keep the bearish trend scenario valid for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 49.87.

 

Expected trading range for today is between 51.00 support and 55.00 resistance.

 

Expected trend for today: Overall Bearish

Frequently asked questions

What is the price of EUR/GBP today?

The price of EUR/GBP is $0.8687 (2025-07-14 20:45PM UTC)