The EURUSD attempts positively – Analysis - 21-01-2020
Economies.com
2020-01-21 05:38AM UTC
The EURUSD pair reached the thresholds of the waited target at the bullish channel’s support line and begins to rebound bullishly, to hint the price head to attempt to resume the main bullish trend, supported by stochastic positivity.
Therefore, the bullish bias will be suggested for today, and the first target is represented by testing 1.1180 level, taking into consideration that breaking 1.1065 will stop the expected rise and press on the price to achieve more decline on the intraday and short term basis.
The expected trading range for today is between 1.1040 support and 1.1180 resistance.
The expected trend for today: Bullish
Forex and Currency 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 ...
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
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
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 ...
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 ...
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 ...