Midday update for EURUSD 17-12-2018

Economies.com
2018-12-17 10:28AM UTC

The EURUSD pair shows weak trades since morning and settles around 1.1320, and as long as the price is below 1.1443, the bearish trend scenario will remain valid for today, supported by the negative pressure formed by the EMA50, noting that breaking 1.1300 is required to confirm rallying towards 1.1181 that represents our next main target.

 

Expected trading range for today is between 1.1200 support and 1.1400 resistance.

 

Expected trend for today: Bearish

Forex and Currency News

Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
NZD USD Analysis

Forex

The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
USD CAD Analysis

Forex

The USDCAD price resumes the decline – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCAD Price Analysis Expected Scenario The USDCAD price bounced bearishly after testing ...