End of day analysis for EURUSD 28-03-2017

Economies.com
2017-03-28 20:08PM UTC

The EURUSD pair ended today's trading with clear negativity to break 1.0852 level and settles below it, which paves the way for potential decline in the upcoming sessions to test 1.0731 level before attempting to rise again.

 

Therefore, it is expected to witness temporary negative trading, noting that breaching 1.0852 will stop the current negative pressure and lead the price to regain its main bullish trend again.

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

AUD USD Analysis

Forex

The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
GBP USD Analysis

Forex

The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 03-05-2024
2024-05-03 13:51PM UTC
The EURUSD price rallied upwards strongly to succeed touching our waited target at 1.0795$, ...