Midday update for the EURUSD 29-06-2021
Economies.com
2021-06-29 09:03AM UTC
The EURUSD pair continues to decline and gradually approach 1.1888 level, to keep the bearish trend active for today, reminding you that breaking the mentioned level will push the price to 1.1780 as a next negative target, noting that the EMA50 supports the suggested bearish wave, which will remain valid unless breaching 1.1975 and holding above it.
The expected trading range for today is between 1.1830 support and 1.1975 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
US Dollar extends losses after inflation data
2024-05-15 20:25PM UTC
The US dollar fell against most major rivals on Wednesday, extending losses after the release of US ...
Forex Technical Analysis
Forex
The USDCHF price consolidates above the support – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for USDCHF Expected Scenario The USDCHF price couldn’t manage to ...
Forex
The NZDUSD price needs the positive momentum – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for NZDUSD Expected Scenario The NZDUSD price shows sideways trades in the ...
Forex
The AUDUSD price heads towards resting the neckline – Forecast today - 17-05-2024
2024-05-17 04:07AM UTC
Price Analysis for AUDUSD Expected Scenario The AUDUSD price faces temporary negative ...