Midday update for EURUSD 29-01-2019

Economies.com
2019-01-29 10:54AM UTC

The EURUSD pair attempts to breach 1.1443 level, which hints that the price is on its way to achieve more gains for the rest of the day, but we need to confirm breaching the mentioned level to activate the bullish trend scenario that its next positive target located at 1.1550, while failing to breach it and holding below it will push the price to decline and target 1.1300 followed by 1.1181 levels as next negative stations.

 

Expected trading range for today is between 1.1330 support and 1.1530 resistance.

 

Expected trend for today: Neutral

Forex and Currency News

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 ...
AUD/USD news

Forex

Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
GBP/USD 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 Technical Analysis

Technical Analysis

Forex

The GBPAUD prepares to decline – Forecast today – 25-4-2024
2024-04-25 05:48AM UTC
GBPAUD Price Analysis The GBPAUD price confirmed its surrender to the domination of the bearish ...
EUR JPY Analysis

Forex

The EURJPY achieves big gains – Forecast today – 25-4-2024
2024-04-25 05:42AM UTC
EURJPY Pair Analysis The EURJPY pair succeeded to resume the bullish attack since this morning ...
GBP JPY Analysis

Forex

The GBPJPY resumes the rise – Forecast today – 25-4-2024
2024-04-25 05:41AM UTC
GBPJPY Pair Analysis The GBPJPY pair took advantage of the frequent positive pressures to ...