The EURGBP pair moves into new negative track – Analysis – 20-9-2019

Economies.com
2019-09-20 07:06AM UTC

The EURGBP pair hinted keeping the bearish bias domination by declining below the bearish channel’s support line represented by 0.8810 level, to move into new negative track as appears on the chart, also, stochastic move towards the oversold areas reinforces the negative overview by providing new negative momentum to ease the attempt to move towards 0.8760 followed by 0.8690 levels in the near term and medium term period.

 

The expected trading range for today is between 0.8810 and 0.8760

 

The expected trend for today: Bearish

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

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 ...
EUR JPY Analysis

Forex

The EURJPY hovers around the barrier – Forecast today – 17-5-2024
2024-05-17 07:10AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair took advantage of stochastic ...
GBP JPY Analysis

Forex

The GBPJPY renews the positive action – Forecast today – 17-5-2024
2024-05-17 07:09AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair overcame temporary negative ...