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Midday update for the EURUSD 30-10-2020

Economies.com
2020-10-30 10:34AM UTC

The EURUSD pair shows negative trades now that hints the price head to resume the expected bearish trend for today, supported by the negative pressure formed by the EMA50, reminding you that our next main target is located at 1.1540, while the expected decline will remain valid unless the price rallied to breach 1.1720 followed by 1.1750 levels and hold above them.

 

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

 

The expected trend for today: Bearish

The EURCHF leans on the support – Analysis – 30-10-2020

Economies.com
2020-10-30 06:47AM UTC

Despite the EURCHF pair recent negative pressures, leaning above the key support 1.0657 supports the previously suggested positive overview, as the stability of the current support allows us to wait to gather the positive momentum again and manage to rally towards 1.0725 level direct, while surpassing it might extend trades towards 1.0800 in the upcoming period.

 

The expected trading range for today is between 1.0655 and 1.0725

 

The expected trend for today: Bullish

The European index approaches the second target – Analysis – 30-10-2020

Economies.com
2020-10-30 06:47AM UTC

The European index reinforced the domination of the bearish bias by settling below 50% Fibonacci correction level at 3048.00, to notice suffering additional losses and approach the second negative target at 2860.00.

 

Note that facing continuous negative pressures might push the price to crawl below 2860.00 and open the way to record more negative targets by moving towards 2795.00 and 2710.00 levels.

 

The expected trading range for today is between 2960.00 and 2860.00

 

The expected trend for today: Bearish

Nikkei index confirms the negativity – Analysis – 30-10-2020

Economies.com
2020-10-30 06:46AM UTC

Nikkei index confirmed moving into the bearish track by providing negative close below 23338.00 that formed the major support of the bullish channel, to start suffering losses by reaching 22890.00.

 

Stochastic reach to the oversold areas will increase the negative pressures, to provide the price with new negative momentum to manage to surpass the moving average 55 at 22780.00 in order to reach the additional negative targets at 22235.00 and 21350.00.

 

The expected trading range for today is between 23210.00 and 22600.00

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-11 23:35PM UTC)