No news for EURUSD – Analysis - 25-02-2019

Economies.com
2019-02-25 05:14AM UTC

The EURUSD pair did not show any strong move in the previous sessions, to remain confined between the trend keys represented by 1.1300 support and 1.1390 resistance, thus, we will continue with our neutrality until the price confirms breaching one of the mentioned levels.

 

We remind you that breaking the mentioned support will put the price under the negative pressure again, to head towards 1.1180 initially, while breaching the resistance will open the way to achieve gains that start at 1.1443 and extend to 1.1550 on the near term basis.

 

The expected trading range for today is between 1.1240 support and 1.1430 resistance.

 

The expected trend for today: Neutral

Forex and Currency News

Forex News

Forex

Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
USD/JPY news

Forex

Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex News

Forex

Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
GBP USD Analysis

Forex

The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...