The EURUSD attempts to recover – Analysis - 10-12-2019
Economies.com
2019-12-10 05:49AM UTC
The EURUSD pair begins today’s trading with new bullish bias to move above 1.1065 level, to show attempts to achieve intraday gains before attempting to resume the bearish trend again.
Until now, the bearish trend scenario still active unless breaching 1.1108 level and holding above it, as breaching this level will push the price to achieve more gains that reach 1.1180 as a next station, while the main targets of the suggested bearish wave located at 1.0995 followed by 1.0950.
The expected trading range for today is between 1.0970 support and 1.1120 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
Forex
The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...
Forex
The GBPJPY exceeds the expectations – Forecast today – 29-4-2024
2024-04-29 05:49AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair was affected by strong economic ...