Midday update for EURUSD 13-10-2017

Economies.com
2017-10-13 10:34AM UTC

The EURUSD pair continues to fluctuate at the key support 1.1817, and as long as the price is above this level, the bullish trend scenario will remain valid for today, supported by the positive signal that appears clearly through stochastic, waiting to visit 1.2100 level as a first main target.

 

The EMA50 keeps the attempts to protect the suggested positive scenario, reminding you that breaking 1.1817 will push the price towards 1.1679 before any new attempt to rise.

 

Expected trading range for today is between 1.1770 support and 1.1950 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar parks at two-week highs ahead of Fed decisions
2024-05-01 11:37AM UTC
The dollar rose in European trade on Wednesday against a basket of major rivals, extending gains ...
NZD/USD news

Forex

Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Technical Analysis

Forex

The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...