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Midday update for the EURUSD 17-08-2022

Economies.com
2022-08-17 09:58AM UTC

The EURUSD pair didn’t show any strong move since morning, and as long as the price is below 1.0200, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our main targets begin at 1.0100.

 

The expected trading range for today is between 1.0090 support and 1.0220 resistance.

 

The expected trend for today: Bearish

The EURTRY tests the support – Analysis – 17-8-2022

Economies.com
2022-08-17 06:49AM UTC

The EURTRY pair ended the correctional bearish rebound by testing the bullish channel’s support line at 18.1650 followed by renewing its positive action by rallying towards 18.2840, noticing the consolidation of the moving average 55 near the major support to confirm confining trades within the bullish track and wait to record many targets by reaching 18.3820 followed by pressing on 18.5580 that forms the first main target of the bullish trades.

 

The expected trading range for today is between 18.2110 and 18.5580

 

The expected trend for today: Bullish

Natural gas price repeats testing the resistance – Analysis – 17-8-2022

Economies.com
2022-08-17 06:49AM UTC

Natural gas price faced strong positive pressures yesterday due to stochastic reach to the overbought areas, to notice resuming the correctional bullish attack and test 9.500 resistance.

 

Note that the stability of 9.050 level and forming additional support might assist to renew the bullish attempts, to increase the chances of breaching the mentioned resistance and manage to settle within the bullish channel again and target new positive stations that start at 9.750 followed by reaching the psychological barrier at 10.000.

 

The expected trading range for today is between 9.100 and 9.750

 

The expected trend for today: Bullish

The EURJPY surrenders to the indicators’ contradiction – Analysis – 17-8-2022

Economies.com
2022-08-17 06:47AM UTC

The EURJPY pair failed to record any new negative target to notice its move towards 136.70 level, affected by the moving average 55 positivity that consolidates near the main bullish channel’s support line, while stochastic repeats its fluctuation near 20 level.

 

We remind you that the main stability below 137.55 will increase the chances of forming new negative trades, to expect suffering clear losses that might extend towards 134.40 followed by attempting to press on the additional support 133.60.

 

The expected trading range for today is between 137.00 and 134.40

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1690 (2025-07-11 21:55PM UTC)