Midday update for EURUSD 01-03-2019

Economies.com
2019-03-01 11:33AM UTC

The EURUSD pair shows bearish bias to hint heading to test the key support 1.1300, which represents one of the next trend keys besides 1.1400 resistance, and as long as the price is between these levels, we will continue with our neutrality until we get clearer signal for the next trend.

 

To review the details of the expected targets after breaching the mentioned levels, please check our previous report.

 

The expected trading range for today is between 1.1280 support and 1.1460 resistance.

 

The expected trend for today: Neutral

Forex and Currency News

Forex 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 ...
EUR/USD news

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 ...
EUR/USD news

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

GBP USD 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 ...
EUR USD Analysis

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 ...
EUR GBP Analysis

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 ...