The EURUSD pair rallied upwards to breach the bearish channel’s resistance and approaches the key resistance 1.1375, and as we mentioned this morning, holding below this level is required to keep the bearish trend active for today, supported by stochastic negativity that appears clearly now, waiting to resume the bearish wave that its next main target located at 1.1145, noting that breaching 1.1375 will stop the negative scenario and lead the price to turn to rise.

The expected trading range for today is between 1.1200 support and 1.1360 resistance.

The expected trend for today: Overall bearish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1274	-0.0023	0.2076%
Midday update for the EURUSD 25-01-2022
	GBP/USD	1.3481	0.0003	0.0234%

	Tadawul	12108.56	56.61	0.47%

	Silver	23.735	-0.081	0.342%

	Oil	84.630	1.089	1.304%
Midday update for Crude oil 25-01-2022
	Brent Oil	87.40	1.09	1.26%

	Gold	1846.170	6.705	0.364%
Midday update for Gold 25-01-2022

Live Forex Updates

Euro stalls at two-week low ahead of Fed's meeting

2022-01-25 09:46:09 GMT

Sterling plumbs two-week low after weak data

2022-01-21 09:02:19 GMT

Sterling rises on UK rate hike prospects

2022-01-20 09:26:27 GMT

Dollar extends gains as US Treasury yields rally

2022-01-18 13:41:06 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.