Midday update for the EURUSD 15-09-2021

2021-09-15 09:20:14 GMT (Economies.com)
 

The EURUSD pair trades with clear positivity to attack the bearish channel’s resistance and moves above it now, which urges caution from the upcoming trading, as the price heads for potential turn for the trend to the upside, especially that stochastic provides positive signals now, which makes us prefer staying neutral now until we get clearer signal for the next trend.

 

Note that holding above 1.1825 will lead the price to visit 1.1888 initially, while trading below it again will reactivate the bearish trend scenario that targets 1.1780 followed by 1.1700 levels as next main stations.

 

The expected trading range for today is between 1.1750 support and 1.1888 resistance.

 

The expected trend for today: Neutral

 
 
 
  Symbol Last Change Chg.%
1.1737
0.0023
0.1972%
1.3719
0.0043
0.3162%
Tadawul
11270.57
-40.58
0.36%
22.733
0.432
1.937%
73.430
2.497
3.520%
77.51
0.22
0.28%
1755.320
-1.485
0.085%
 
 
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