The EURGBP pair prepares to resume the bullish attack – Analysis – 27-7-2020
Economies.com
2020-07-27 05:18AM UTC
The EURGBP pair resisted the recent intraday negative pressures caused by stochastic crawl below 80 level, to notice fluctuating within the bullish channel in addition to the stability above the initial support at 0.8935.
These factors allow us to keep the bullish overview, noting that stochastic begins to form bullish waves to increase the chances of gaining the additional positive momentum, expecting to target 0.9220 followed by reaching 0.9335 barrier.
The expected trading range for today is between 0.9050 and 0.9220
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar under pressure ahead of inflation data, Powell's speech
2024-05-14 10:58AM UTC
Dollar fell in European trade on Tuesday against a basket of major rivals, on track for the second ...
Forex
Yen tumbles to two-week lows, triggering concerns of official Japanese intervention
2024-05-14 04:08AM UTC
Yen fell in Asian trade on Tuesday against a basket of major rivals, sharpening losses for the ...
Forex
Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
Update: The EURUSD breaches the resistance
2024-05-14 15:07PM UTC
The EURUSD price rallied upwards to attack 1.0795$ and close the last four hours’ candlestick ...
Forex
Zscaler price ends cautiously higher - Forecast today - 14-05-2024
2024-05-14 10:13AM UTC
Zscaler’s stock price (ZS) rose in the intraday levels, amid the dominance of the downward ...
Forex
Marvel Technology price touches SMA resistance - Forecast today - 14-05-2024
2024-05-14 10:12AM UTC
Marvel Technology’s stock price (MRVL) rose in the intraday levels, touching the resistance ...