EUR USD is settled lower 12/11/2012
Economies.com
2012-11-12 06:07AM UTC
The pair remains stable below 1.2800, and at the same time above the critical support barrier 1.2725, which makes us continue with our sideways range scenario on the intraday basis, where stochastic is offering positive signals on the daily time frame supporting the chances for achieving some bullish bias for now.
In general, the sideways trading range remains valid unless 1.2725 is breached and settled below, while this technical factor will push the price towards levels that begin at 1.2600 and might extend to reach 1.2400
Expected trading range for this week is between: 1.2550 support and 1.3000 resistance.
Expected trend for this week: Sideways
Forex and Currency News
Forex
US retail sales beat expectations in March
2024-04-15 12:39PM UTC
US retail sales rose 0.7% in March, beating estimates of a 0.4% increase, while down from 0.9% in ...
Forex
Euro tries to recoup from five-month trough amid bearish outlook
2024-04-15 08:41AM UTC
Euro rose in European trade on Monday against a basket of major rivals amid attempts to recoup from ...
Forex
Euro sharpens decline to five-month lows on concerns about the interest rate gap
2024-04-12 08:04AM UTC
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 16-04-2024
2024-04-16 09:48AM UTC
GBPUSD Price Forecast The GBPUSD price fluctuates positively now to head towards potential test ...
Forex
The EURUSD price forecast update - 16-04-2024
2024-04-16 09:48AM UTC
EURUSD Price Forecast The EURUSD price finds good support at 1.0600$ barrier, to show some ...
Forex
The EURGBP tends to resume the decline – Forecast today – 16-4-2024
2024-04-16 05:51AM UTC
EURGBP Price Analysis Expected Scenario The EURGBP pair confirmed its affection by the ...