Midday update for EURUSD 12-06-2018

Economies.com
2018-06-12 08:42AM UTC

The EURUSD pair resumes its positive trading after leaning on the EMA50 to move above 1.1785 level again, motivated by stochastic positivity, which supports the continuation of our bullish overview efficiently in the upcoming period, waiting to target 1.1929 level as a next main station, reminding you that holding above 1.1725 represents key condition to continue the expected rise.

 

Expected trading range for today is between 1.1700 support and 1.1880 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

Forex 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 ...
USD/JPY news

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 News

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

EUR USD Analysis

Forex

Update: The EURUSD breaches the resistance
2024-05-14 15:07PM UTC
The EURUSD price rallied upwards to attack 1.0795$ and close the last four hours’ candlestick ...
Technical Analysis

Forex

Zscaler price ends cautiously higher - Forecast today - 14-05-2024
2024-05-14 10:13AM UTC
Zscaler’s stock price (ZS) rose in the intraday levels, amid the dominance of the downward ...
Technical Analysis

Forex

Marvel Technology price touches SMA resistance - Forecast today - 14-05-2024
2024-05-14 10:12AM UTC
Marvel Technology’s stock price (MRVL) rose in the intraday levels, touching the resistance ...