Midday update for the EURUSD 25-05-2022

Economies.com
2022-05-25 09:07AM UTC

The EURUSD pair trades negatively now to press on the key support 1.0670, which urges caution from the upcoming trading, as the price needs to consolidate above this level to keep the bullish trend active for today, which targets 1.0770 as a next main station.

 

The expected trading range for today is between 1.0650 support and 1.0780 resistance.

Advertistment

 

Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news

Forex

Euro trades near three-week trough on cautious remarks
2023-12-05 07:40AM UTC
Euro fell in European trade on Tuesday against a basket of major rivals, extending losses for the ...
Forex News

Forex

Dollar moves in positive zone despite prospects of early rate cuts
2023-12-04 11:59AM UTC
Dollar rose in European trade on Monday against a basket of major rivals, on track for the third ...
EUR/GBP news

Forex

Sterling gives up three-month high against euro on profit-taking
2023-12-04 11:31AM UTC
Sterling fell in European trade on Monday against euro away from three-month highs and on track for ...

Forex Technical Analysis

EUR USD Analysis

Forex

Evening update analysis for the EURUSD 05-12-2023
2023-12-05 17:01PM UTC
The EURUSD pair shows additional bearish bias to approach our waited negative target at 1.0760, and ...
GBP USD Analysis

Forex

Midday update for the GBPUSD 05-12-2023
2023-12-05 10:35AM UTC
The GBPUSD pair fluctuates near the EMA50, and it keeps its stability above 1.2590 level, keeping ...
EUR USD Analysis

Forex

Midday update for the EURUSD 05-12-2023
2023-12-05 10:35AM UTC
The EURUSD pair resumes its negtaive trading in attempt to move away from 1.0860 level, rienforcing ...