The EURUSD approaches the first target – Analysis - 26-04-2019
Economies.com
2019-04-26 04:06AM UTC
The EURUSD pair keeps its stability below 1.1180 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50, and the price crawls gradually towards our first target at 1.1100, noting that we suggest the continuation of the bearish bias to visit 1.1040 as a next station.
Therefore, the bearish trend will remain expected on the intraday and short term basis conditioned by the price stability below 1.1180 and 1.1245 levels.
The expected trading range for today is between 1.1040 support and 1.1200 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex
Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
Forex
Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
Forex
The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
Forex
The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...