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Midday update for the EURUSD 20-01-2023

Economies.com
2023-01-20 10:35AM UTC

The EURUSD pair shows more calm bullish bias, to keep the bullish trend scenario active for today, supported by the EMA50, waiting to visit 1.0915 mainly, reminding you that it is important to hold above 1.0745 to continue the expected rise.

 

The expected trading range for today is between 1.0760 support and 1.0930 resistance.

 

The expected trend for today: Bullish

Coffee price rebounds above the support – Analysis – 20-1-2023

Economies.com
2023-01-20 06:28AM UTC

Coffee price attempted to end the negative attack by bouncing above 146.00 support line, to decrease the previous losses by settling near 154.60.

 

Note that it is important to gather the positive momentum to manage to renew the positive attempts and target 163.40 level initially, while surpassing this obstacle might extend trades towards 174.15 as a next positive target for the bullish attempts.

 

The expected trading range for today is between 150.00 and 163.40

 

The expected trend for today: Bullish

Natural gas price declines slowly – Analysis – 20-1-2023

Economies.com
2023-01-20 06:28AM UTC

Natural gas price took advantage of the frequent negative pressures by forming slow negative crawl to settle below 3.500 level that formed solid obstacle against the recent negative attempts, while stochastic crawl towards the oversold areas will increase the negative pressures, to keep our negative overview by breaking 3.120 level and reach the bearish channels support line at 2.600.

 

The expected trading range for today is between 3.500 and 2.850

 

The expected trend for today: Bearish

IBEX index holds below the resistance – Analysis – 20-1-2023

Economies.com
2023-01-20 06:27AM UTC

IBEX index ended the correctional bullish rally by facing the main bearish channel’s resistance at 8985, to force it to form new negative waves and notice its fluctuation near 8780.

 

Stochastic reach to the overbought areas confirms the beginning of getting rid of the positive pressures, waiting to gather the negative momentum to ease the mission of forming strong bearish waves to target 8550 and 8290 levels.

 

The expected trading range for today is between 8860 and 8550

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1766 (2025-07-04 02:55AM UTC)