The EURUSD attempts negatively – Analysis - 15-01-2020
Economies.com
2020-01-15 05:46AM UTC
The EURUSD pair provided negative trades yesterday in attempt to move away from 1.1140, to keep the negative pressure valid for the upcoming period, supported by the EMA50 that pushes the price from below, waiting for more decline to visit 1.1065 that represents our next main target.
We should note that breaching 1.1140 followed by 1.1180 would stop the expected decline and lead the price to resume the main bullish trend.
The expected trading range for today is between 1.1060 support and 1.1200 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen extends losses as intervention momentum from Japanese authorities fades
2024-05-07 04:03AM UTC
Yen lost ground in Asian trade against a basket of major rivals, heading for the second loss in a ...
Forex
Dollar reverses higher as markets speculate about interest rates
2024-05-06 20:54PM UTC
The dollar rose against most major rivals on Monday after stabilizing earlier in the ...
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex Technical Analysis
Forex
The USDCHF price attempts to recover – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
USDCHF Price Analysis The USDCHF price shows positive trades, indicating a potential resumption ...
Forex
The NZDUSD price keeps its positive stability – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
NZDUSD Price Analysis The NZDUSD price is still above the 0.6000$ level, and the positive effect ...
Forex
The AUDUSD price faces solid resistance – Forecast today - 07-05-2024
2024-05-07 03:51AM UTC
AUDUSD Price Analysis The AUDUSD price tested 0.6640$ level again and found solid resistance ...