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Midday update for the EURUSD 23-08-2019

Economies.com
2019-08-23 10:18AM UTC

The EURUSD pair didn’t show any strong move since morning, providing slight bearish bias, therefore, the expected bearish trend will remain valid without any change for the rest of the day, depending on the stability below 1.1180 level, reminding you that our target is located at 1.1000.

 

The expected trading range for today is between 1.0980 support and 1.1140 resistance.

 

The expected trend for today: Bearish

Copper price keeps the negativity – Analysis – 23-8-2019

Economies.com
2019-08-23 09:24AM UTC

In spite of Copper price’s last trading, but providing repeated negative closes below the resistance at 2.6300 confirms the continuation of the expected bearish bias domination.

 

The continuation of the main indicators of the main momentum will assist activating the current trading until targeting the negative levels that are located at 2.4660 reaching to 2.3810 in the upcoming period trading.

 

The expected trading range for today is between 2.6000 and 2.4660

 

The expected trend for today: Bearish

Platinum fluctuates near the resistance – Analysis – 23-8-2019

Economies.com
2019-08-23 09:24AM UTC

Platinum price provided negative momentum to keep its stability above 840.00 level, which forces it to fluctuate near the bearish channel’s resistance at 865.00, note that the stability of this resistance is important to keep the negative stability, to keep waiting for achieving the initial main target at 790.00.

 

The expected trading range for today is between 865.00 and 830.00

 

The expected trend for today: Bearish

The GBPJPY provides a positive signal – Analysis – 23-8-2019

Economies.com
2019-08-23 09:24AM UTC

The GBPJPY pair surrendered to the positive pressures, to notice its rally above the initial resistance at 130.00, announcing delaying the negative attack, to begin the bullish correction in the near period.

 

We expect gathering a strong positive momentum by stochastic fluctuation near 80 level, which allows it to reaching towards the positive correctional station that are represented by 131.70 and 133.00.

 

The expected trading range for today is between 130.00 and 131.70

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-13 07:05AM UTC)