EURUSD gets a positive signal – Analysis - 06-09-2018
Economies.com
2018-09-06 04:21AM UTC
The EURUSD pair managed to surpass the EMA50 and settles above it now, accompanied by witnessing positive overlapping signal through stochastic, which supports the continuation of our bullish overview efficiently in the upcoming period, waiting to breach 1.1705 level to confirm opening the way to extend the bullish wave towards our next target that reaches 1.1975.
Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 1.1554.
Expected trading range for today is between 1.1580 support and 1.1750 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Aussie is worst performing major currency after RBA's decision
2024-05-07 08:01AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, moving ...
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex
Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex Technical Analysis
Forex
The EURJPY achieves some targets – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Bullish Attack EURJPY pair utilizes ...
Forex
The GBPJPY begins to rise – Forecast today – 7-5-2024
2024-05-07 05:33AM UTC
Expected Scenarios and Trading Range Scenario 1: Correctional Decline Ended GBPJPY pair ...
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...