Midday update for the EURUSD 05-12-2022

2022-12-05 10:48AM UTC

The EURUSD pair is affected by the negative momentum to show some slight bearish bias, but as long as the price is above 1.0515, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our waited targets begin at 1.0600 and extend to 1.0750 after surpassing the previous level.


The expected trading range for today is between 1.0500 support and 1.0680 resistance.


The expected trend for today: Bullish

Forex and Currency News

Forex News


The dollar declines after weak US data
2024-03-01 21:25PM UTC
The dollar declined against most major rivals on Friday following weak data and speculation about ...
EUR/USD news


Euro gains ground ahead of European inflation data
2024-03-01 08:14AM UTC
Euro rose in European trade on Friday against a basket of major rivals, holding above one-week lows ...
Forex News


Dollar edges up after inflation data
2024-02-29 21:46PM UTC
Dollar rose against most major rivals on Thursday following US inflation data, which could have an ...

Forex Technical Analysis

EUR USD Analysis


Midday update for the EURUSD 01-03-2024
2024-03-01 10:39AM UTC
The EURUSD pair fluctuates around the EMA50 since morning, and didn’t show any strong move ...
GBP USD Analysis


The GBPUSD breaks the support - Analysis - 01-03-2024
2024-03-01 08:47AM UTC
The GBPUSD pair faced clear negative pressure yesterday, as it broke 1.2650 level and closed the ...
Technical Analysis


The GBPCHF provides positive signal – Analysis – 1-3-2024
2024-03-01 07:16AM UTC
The GBPCHF pair provided positive signal by fluctuating above 1.1170 barrier, attempting to confirm ...