Midday update for EURUSD 13-03-2017
Economies.com
2017-03-13 11:30AM UTC
The EURUSD pair shows some of the bearish bias since morning affected by stochastic negativity, which attempts to surpass its negativity gradually in attempt to gain positive momentum that assists to push the price to rise again.
In general, we keep preferring the bullish trend in the upcoming period unless breaking 1.0581 level and holding below it, reminding you that we are waiting for breaching 1.0731 level to confirm opening the way towards our next main target at 1.0852.
Expected trading range for today is between 1.0600 support and 1.0800 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...