End of day analysis for EURUSD 27-04-2017

Economies.com
2017-04-27 19:43PM UTC

The EURUSD pair returns to test the key support 1.0852, noting that the price draws potential negative formation that might push the price to cover the bullish gap that appeared by this week opening.

 

In general, the bullish trend scenario will remain valid for the upcoming period unless breaking 1.0852 level and holding below it, reminding you that our main targets begin at 1.0973 and extend to 1.1123.

Forex and Currency News

AUD/USD news

Forex

Aussie parks at two month highs even as Australian wages slow down
2024-05-15 04:23AM UTC
The Australian dollar rose in European trade on Wednesday against a basket of major rivals, ...
Forex 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 ...
USD/JPY news

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 Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows more bullish bias to reach ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 15-05-2024
2024-05-15 09:29AM UTC
  AUDUSD Price Analysis Expected Scenario The AUDUSD price achieved initial breach ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 15-05-2024
2024-05-15 09:28AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows more bullish bias and ...