Midday update for the EURUSD 12-08-2019

2019-08-12 10:39:08 GMT (Economies.com)

 

The EURUSD pair shows negative trading now to press on 1.1180 level, which urges caution from the upcoming trading, especially that stochastic shows negative signals that might force the price to achieve more decline and break the mentioned level, taking into consideration that confirming the break will turn the intraday track to decline and visit 1.1100 level as a first negative station.

 

Until now, the bullish trend scenario will remain valid conditioned by the price stability above 1.1180, reminding you that our main waited targets begin at 1.1350 and extend to 1.1443.

 

The expected trading range for today is between 1.1130 support and 1.1290 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1064
0.0002
0.0163%
1.3144
0.0007
0.0567%
Tadawul
8120.01
21.27
0.26%
16.602
0.030
0.181%
58.845
-0.265
0.448%
64.25
-0.14
0.22%
1461.145
1.300
0.089%
 
 
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