EURUSD awaits more decline – Analysis - 27-11-2018
Economies.com
2018-11-27 05:12AM UTC
The EURUSD pair settles around 1.1330 level since yesterday, waiting for more decline to surpass our first expected target at 1.1300 to open the way to head towards 1.1181 that represents our next main target.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1.1443 level and holding above it, noting that the EMA50 keeps supporting the suggested bearish wave.
Expected trading range for today is between 1.1240 support and 1.1400 resistance.
Expected trend for today: Bearish
Forex and Currency 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
Franc is best performing major currency after Swiss data
2024-05-02 07:52AM UTC
Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day ...
Forex
Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
Forex Technical Analysis
Forex
The USDCHF price begins the bearish correction – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
USDCHF Price Analysis The USDCHF price broke the bullish channel’s support line clearly ...
Forex
The NZDUSD price keeps rising – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
NZDUSD Price Analysis The NZDUSD price shows a more bullish bias as it approaches our awaited ...
Forex
The AUDUSD price hits the first target – Forecast today - 03-05-2024
2024-05-03 03:37AM UTC
AUDUSD Price Analysis The AUDUSD price managed to achieve our first awaited target at 0.6570$, and ...