Midday update for the EURUSD 08-12-2022
Economies.com
2022-12-08 11:20AM UTC
The EURUSD pair keeps its stability below 1.0515 level, thus, the bearish trend scenario still valid until now, which its targets begin at 1.0445 and extend to 1.0285 after breaking the previous level, reminding you that it is important to hold below 1.0515 to continue the expected decline.
The expected trading range for today is between 1.0410 support and 1.0570 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar gives up five-month high on profit-taking
2024-04-17 10:56AM UTC
The dollar lost ground in European trade on Wednesday against a basket of major rivals away from ...
Forex
Sterling starts recovering after hot UK inflation data
2024-04-17 06:43AM UTC
Sterling rose in European trade on Wednesday for the first time in four days against the dollar, ...
Forex
Fed Chair: Driving down inflation towards target could take longer than expected
2024-04-16 20:10PM UTC
Fed Chair Jerome Powell said in a symposium earlier today that inflation has stiffened and held in ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-04-2024
2024-04-17 09:24AM UTC
Trend Forecast for GBPUSD Expected Scenario upon Testing the Key Resistance 1.2480$ The ...
Forex
The EURUSD price forecast update - 17-04-2024
2024-04-17 09:24AM UTC
Trend Forecast for EURUSD Expected Scenario upon Breaching 1.0645$ Level The EURUSD price ...
Forex
The GBPCHF pair hits solid resistance – Forecast today – 17-4-2024
2024-04-17 05:44AM UTC
Expected Scenarios The GBPCHF pair ended the recent bullish rally by touching 1.1475 ...