End of day analysis for EURUSD 24-08-2018

Economies.com
2018-08-24 18:17PM UTC

The EURUSD pair trades with clear positivity after it found solid support at 1.1554, to attack 1.1600 level and attempts to settle above it, which hints the price head to achieve more gains in the upcoming period, especially with the signs of the bullish pattern that has targets that reach 1.1975.

 

Therefore, we prefer staying aside now to monitor today’s close and next week open to detect the next destination clearly.

Forex and Currency News

USD/CAD news

Forex

Loonie edges up after monthly employment data
2024-05-10 15:49PM UTC
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid ...
GBP/USD news

Forex

Sterling moves in a positive zone after hot growth data
2024-05-10 08:26AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen heads for weekly loss as intervention momentum from Japanese authorities fade
2024-05-10 04:51AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, resuming losses against the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios The GBPUSD price shows slight positive trades. It might head ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 10-05-2024
2024-05-10 10:26AM UTC
Expected Trading Scenarios The EURUSD price fluctuates within tight range since morning, ...
Technical Analysis

Forex

The NZDCAD tests the resistance – Forecast today – 10-5-2024
2024-05-10 07:11AM UTC
NZDCAD Price Analysis 1. Expected Scenario NZDCAD price faces strong positive pressures ...