Midday update for EURUSD 12-10-2018
Economies.com
2018-10-12 10:13AM UTC
The EURUSD pair fluctuates around the EMA50 since morning in attempt to breach it, to keep the bullish trend scenario valid for the rest of the day as long as 1.1525 level remains intact, which targets visiting 1.1705 level as a next main station, noting that breaching the targeted level will extend the bullish wave on the short term basis to reach 1.1800 as a next target.
Expected trading range for today is between 1.1525 support and 1.1705 resistance.
Expected trend for today: Bullish
Forex and Currency 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
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex
Euro gains ground and heads for $1.07
2024-04-22 07:45AM UTC
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 23-04-2024
2024-04-23 11:05AM UTC
The GBPUSD price tested the key resistance 1.2385$ and bounced bearishly from there, to keep the ...
Forex
The EURUSD price forecast update - 23-04-2024
2024-04-23 11:05AM UTC
The EURUSD price shows sideways trades since morning, and continues to fluctuate around the EMA50, ...
Forex
The GBPCHF under the negative effect – Forecast today – 23-4-2024
2024-04-23 05:12AM UTC
GBPCHF Pair Price Analysis Expected Scenario The GBPCHF pair still affected by the ...