EURUSD begins positively – Analysis - 07-06-2017
Economies.com
2017-06-07 01:23AM UTC
The EURUSD pair begins today’s trading with calm positivity heading to 1.1300 level, and the price gets continuous positive support from the EMA50, reinforcing the chances for the continuation of the rise in the upcoming period.
Therefore, the bullish trend will remain active in the upcoming period unless breaking 1.1123 level and holding below it, reminding you that our first main target at 1.1365, where breaching it represents the extension key for the gains to reach 1.1615 as a next main station.
Expected trading range for today is between 1.1200 support and 1.1365 resistance.
Expected trend for today: Bullish
Forex and Currency 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 ...
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
Dollar moves in negative zone ahead of Fed remarks
2024-05-13 11:52AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
The USDCHF price gathers new positive momentum – Forecast today - 15-05-2024
2024-05-15 03:38AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price shows some slight ...
Forex
The NZDUSD price turns to rise – Forecast today - 15-05-2024
2024-05-15 03:38AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price bounced upwards clearly after ...
Forex
The AUDUSD price builds positive technical formation – Forecast today - 15-05-2024
2024-05-15 03:38AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price keeps rising to reach ...