Midday update for EURUSD 10-01-2017
Economies.com
2017-01-10 11:04AM UTC
The EURUSD pair is testing the support base formed above 1.0581 after breaching it previously, as the price is affected by stochastic negativity, while the EMA50 continues to provide the positive support to the price.
Therefore, we will continue to suggest the bullish trend for today unless breaking 1.0581 followed by 1.0519 levels and holding below them, reminding you that our next main target is located at 1.0731.
Expected trading range for today is between 1.0519 support and 1.0731 resistance.
Expected trend for today: Bullish
Forex and Currency News
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
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...