The EURUSD attempts to recover - 07-02-2024
Economies.com
2024-02-07 04:22AM UTC
The EURUSD pair’s decline stopped at 1.0720 level, to start providing positive trades and attempts to surpass 1.0765 level by today’s open, which hints heading to recover in the upcoming sessions, on its way to achieve expected gains that start at 1.0805 followed by 1.0860.
Therefore, the bullish bias will be suggested for today, taking into consideration that failing to confirm breaching 1.0765 will stop the expected rise and push the price to resume the bearish wave that its next target located at 1.0645.
The expected trading range for today is between 1.0700 support and 1.0850 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Loonie declines after inflation data
2024-05-21 17:37PM UTC
The Canadian dollar fell against most major rivals on Tuesday after the release of inflation data, ...
Forex
Aussie backs off four-month high despite RBA's aggressiveness
2024-05-21 03:51AM UTC
The Australian dollar fell in European trade on Tuesday against a basket of major rivals, extending ...
Forex
Dollar under pressure ahead of Fed remarks
2024-05-20 11:53AM UTC
The dollar fell in European trade on Monday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 21-05-2024
2024-05-21 10:08AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price resumes its positive trading and ...
Forex
The EURUSD price forecast update - 21-05-2024
2024-05-21 10:08AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows sideways trades to test ...
Forex
The GBPCHF confirms the positivity – Forecast today – 21-5-2024
2024-05-21 05:11AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price confirmed moving to the bullish ...