The EURUSD begins positively – Analysis - 09-10-2019

2019-10-09 04:37:52 GMT (Economies.com)
 

The EURUSD pair begins today’s trading with a bullish bias to test the EMA50, where the price is affected by stochastic positivity, and it might test the bearish channel’s resistance before it returns to decline.

 

In general, we keep preferring the main bearish trend unless breaching 1.1020 level and holding above it, reminding you that our main waited target at 1.0857.

 

The expected trading range for today is between 1.0860 support and 1.1040 resistance.

 

The expected trend for today: Overall Bearish

 
 
 
  Symbol Last Change Chg.%
1.1135
0.0430
4.0163%
1.2455
0.0809
6.9509%
Tadawul
6376.62
49.70
0.79%
14.446
1.863
14.810%
21.828
-1.600
6.830%
24.84
-1.50
5.69%
1620.150
122.735
8.197%
 
 
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