Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

End of day analysis for the EURUSD 16-05-2019

Economies.com
2019-05-16 17:30PM UTC

The EURUSD pair begins pressing on 1.1180 level and attempts to confirm breaking it, which supports the continuation of our bearish overview for the upcoming sessions, paving the way to head towards 1.1100 that represents our next main target, reminding you that the continuation of the expected decline depends on the price stability below 1.1250.

Midday update for DashCoin 16-05-2019

Economies.com
2019-05-16 09:35AM UTC

DashCoin price shows more strong rise to achieve our first expected target at 158.00 and test the resistance line that appears on the chart, expecting the continuation of the bullish bias to surpass the mentioned level and extend the bullish wave to reach 175.00 on the near term basis.

 

Therefore, we are waiting for more rise in the upcoming sessions supported by the EMA50, conditioned by the price stability above 147.34.

 

The expected trading range for today is between 145.00 support and 162.00 resistance

The expected trend for today: Bullish

Midday update for Litecoin 16-05-2019

Economies.com
2019-05-16 09:35AM UTC

Litecoin price managed to touch our expected target at 106.20 and bounced bearishly to test the key support 98.84 now, and the price needs to hold above this level to keep the main bullish trend valid for the upcoming period, as breaking it will press on the price to test 92.50 areas before any new attempt to rise.

 

Note that breaching 106.20 will extend the bullish wave to reach 109.25 as a next main station.

 

The expected trading range for today is between 98.84 support and 110.00 resistance

The expected trend for today: Bullish

Midday update for Ethereum 16-05-2019

Economies.com
2019-05-16 09:34AM UTC

Ethereum price rallied upwards strongly to succeed achieving our waited target at 260.90 and breached it to settle above it now, which opens the way to achieve more gains on the short term and medium term basis, expecting to head towards 300.00$ barrier as a next main station.

 

Therefore, the bullish trend will remain valid for today conditioned by the price stability above 225.00.

 

The expected trading range for today is between 240.00 support and 260.90 resistance

The expected trend for today: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1690 (2025-07-11 21:55PM UTC)