End of day analysis for EURUSD 22-02-2018

Economies.com
2018-02-22 18:33PM UTC

The EURUSD pair traded with clear positivity to breach 1.2310 and attempts to hold above it now, which hints the price head to stop the negative pressure that dominates the recent trades and regain the main bullish trend again, which urges caution from the upcoming trading, as closing the daily candlestick above it will push the price towards 1.2536 initially, while holding below 1.2310 will keep the negative scenario valid on the intraday basis.

Forex and Currency News

AUD/USD news

Forex

Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
USD/JPY news

Forex

Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex News

Forex

Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...

Forex Technical Analysis

EUR JPY Analysis

Forex

The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
GBP JPY Analysis

Forex

The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
USD CHF Analysis

Forex

The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...