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Midday update for the EURUSD 22-01-2021

Economies.com
2021-01-22 11:19AM UTC

The EURUSD pair shows positive trades now and attempts to confirm breaching this level, to reinforce our expectations of continuing the positive scenario in the upcoming sessions, which targets 1.2300 as a next main station, reminding you that the continuation of the expected rise depends on the price stability above 1.2145.

 

The expected trading range for today is between 1.2100 support and 1.2270 resistance.

 

The expected trend for today: Bullish

The EURNZD surrenders to the stability of the support – Analysis – 22-1-2021

Economies.com
2021-01-22 07:45AM UTC

The EURNZD ended its bearish attack by facing 50% Fibonacci correction level at 1.6820, to form a strong support against the negative trading, which forces it to begin the positive rebound as appears in the above image.

 

Therefore, we will begin preferring the positive trading, to expect its rally above 1.7050 level, to increase the chances for testing the moving average 55 that is located near 1.7230.

 

The expected trading range for today is between 1.6850 and 1.7050

 

The expected trend for today: Bullish.

The European index surrenders to the stability of the barrier – Analysis – 22-1-2021

Economies.com
2021-01-22 07:45AM UTC

The European index price faced a strong barrier at 3660.50 in the last bullish rally, to decelerate the bullish attack, which forces it to form a temporary correctional rebound as appears in the above image.

 

we expect resuming the bearish correctional attempts, to target 3525.00 level, note that the continuation of facing negative pressures might extend the current losses towards 3450.00.

 

The expected trading range for today is between 3360.30 and 23525.00

 

The expected trend for today: Bearish temporarily.

 

 

 

The Spanish index fluctuates within the bullish track – Analysis – 22-1-2021

Economies.com
2021-01-22 07:44AM UTC

The Spanish index lost the positive momentum recently, which forces it to form a bearish correctional rebound, to settle below 8270.00, which increases the chances for testing the minor bullish channel’s support at 7900.00.

 

The bullish scenario depends on the strength of the mentioned support, gathering extra positive momentum makes us expect forming a bullish rally and targeting 8270.00 and 8600.00 level.

 

The expected trading range for today is between 7920.00 and 8220.00

 

The expected trend for today: Fluctuated within the bullish track

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-11 22:05PM UTC)