Midday update for the EURUSD 02-06-2023
Economies.com
2023-06-02 09:13AM UTC
The EURUSD pair shows additional positive trades to approach our waited target at 1.0795, waiting for more rise to surpass this level and open the way to head towards 1.0860 as a next main station.
Therefore, we will continue to suggest the bullish trend for today supported by moving above the EMA50, reminding you that it is important to hold above 1.0730 to continue the expected rise.
The expected trading range for today is between 1.0700 support and 1.0860 resistance.
The expected trend for today: Bullish
Forex and Currency 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 ...
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 ...
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
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...