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Midday update for the EURUSD 18-09-2023

Economies.com
2023-09-18 12:00PM UTC

The EURUSD pair didn’t show any strong move since morning, to hover around 1.0660 level, thus, no change to the expected bearish trend scenario for today, which depends on the price stability below 1.0685, while its targets begin by breaking 1.0635 to open the way to head towards 1.0515.

 

The expected trading range for today is between 1.0570 support and 1.0725 resistance.

 

The expected trend for today: Bearish

Marriott International gathers positive momentum - Analysis - 18-09-2023

Economies.com
2023-09-18 11:35AM UTC

Marriott International's stock (MAR) fell in the intraday levels, amid negative signals from the RSI as the stock gathers positive momentum to rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 210.98, provided the support of 197.32 holds on.

 

Expected trend for today: Bullish

AMD in a free fall - Analysis - 18-09-2023

Economies.com
2023-09-18 11:35AM UTC

Advanced Micro Device's stock (AMD) skidded in the intraday levels, amid the dominance of the downward correctional trend in the short term, with negative signals from the RSI, after reaching overbought levels, with negative pressure from the 50-day SMA.

 

Therefore we expect more losses for the stock, targeting the support of 88.95, provided it settles below the resistance of 107.46. 

 

Expected trend for today: Bearish

AirBNB tries to vent off overbought saturation - Analysis - 18-09-2023

Economies.com
2023-09-18 11:35AM UTC

AirBNB's stock (ABNB) fell in the intraday levels, with negative signals from the RSI after reaching overbought levels, while venting off overbought saturation in the RSI, as it gathers positive momentum to rise anew, amid the dominance of the upward trend in the medium term, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 154.95, provided it settles above 139.00.

 

Expected trend for today: Likely Bullish

 

 

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1789 (2025-07-03 05:15AM UTC)