Midday update for the EURUSD 24-05-2019
Economies.com
2019-05-24 10:29AM UTC
The EURUSD pair continues to fluctuate around 1.1180 level, noticing that stochastic loses its positive momentum gradually to head towards the overbought areas, waiting to motivate the price to rebound bearishly to resume the expected bearish trend on the intraday and short term basis, which targets 1.1100 followed by 1.1000 levels as next main stations, while achieving them conditions holding below 1.1255.
The expected trading range for today is between 1.1100 support and 1.1255 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex
Dollar moves in a positive zone as US treasury yields gian ground
2024-04-22 11:41AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the ...
Forex Technical Analysis
Forex
The NZDUSD price attempts positively – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
NZDUSD Price Expected Scenario The NZDUSD price shows calm bullish bias to move away ...
Forex
The AUDUSD price hits the target – Forecast today - 24-04-2024
2024-04-24 03:58AM UTC
AUDUSD Price Expected Scenario The AUDUSD price managed to achieve our waited target at ...
Forex
The USDCAD price hits the first target – Forecast today - 24-04-2024
2024-04-24 03:55AM UTC
USDCAD Price Analysis USDCAD Scenario: The USDCAD price succeeded to touch our first waited ...