The EURUSD begins positively – Analysis - 15-03-2019

Economies.com
2019-03-15 04:53AM UTC

The EURUSD pair opens today’s trading with bullish bias after leaning on the EMA50 yesterday, which supports the continuation of our positive overview on the intraday and short term basis, reinforced by stochastic positivity that appears on the four hours’ time frame, waiting to test 1.1420 level as a next main station.

 

We should note that holding above 1.1270 is important to continue the expected rise, as breaking it will press on the price to decline and test 1.1180 areas again.

 

The expected trading range for today is between 1.1250 support and 1.1420 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
EUR/USD news

Forex

Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...
Forex News

Forex

Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price trades with clear negativity to ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 30-04-2024
2024-04-30 09:24AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price is facing additional negative ...
GBP USD Analysis

Forex

The GBPUSD forecast update 30-04-2024
2024-04-30 09:23AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price trades negatively now to confirm ...