Midday update for EURUSD 17-07-2017
Economies.com
2017-07-17 10:26AM UTC
The EURUSD pair shows slight bearish bias affected by stochastic negativity but it keeps its stability above 1.1418 level, which represents the first protection factor for the continuation of the suggested positive scenario in our last reports, while the EMA50 keeps providing positive support for the price.
Therefore, we will keep our bullish trend expectations in the upcoming sessions unless breaking 1.1418 then 1.1335 levels and holding below it, reminding you that the waited targets at 1.1565 then 1.1665.
Expected trading range for today is between 1.1400 support and 1.1565 resistance.
Expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...