Midday update for EURUSD 07-12-2018

Economies.com
2018-12-07 10:38AM UTC

The EURUSD pair shows weak trading since morning and keeps its stability below 1.1443, thus, no change to our bearish overview that depends on the price stability below the mentioned level, noting that our main targets begin at 1.1300 and extend to 1.1181.

 

We remind you that it is important to be aware of the upcoming trading, waiting the employment and payrolls’ data from the US economy.

 

Expected trading range for today is between 1.1260 support and 1.1443 resistance.

 

Expected trend for today: Bearish

Forex and Currency News

EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD news

Forex

Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...

Forex Technical Analysis

Technical Analysis

Forex

The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...
EUR JPY Analysis

Forex

The EURJPY surpasses the resistance – Forecast today – 24-4-2024
2024-04-24 05:38AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair didn’t get enough of ...
GBP JPY Analysis

Forex

The GBPJPY achieves the targets – Forecast today – 24-4-2024
2024-04-24 05:37AM UTC
Suggested Scenarios and Trading Range Analysis Scenario: Sustained Bullish Momentum The ...