The EURUSD confirms the breach – Analysis - 09-12-2022
Economies.com
2022-12-09 04:36AM UTC
The EURUSD pair confirmed breaching 1.0515 level after closing the daily candlestick above it, to confirm resuming the bullish trend within the bullish channel that appears in the image, where it approaches from the initial positive target at 1.0600, preferring breaching this level to open the way towards 1.0758.
Therefore, the bullish bias will remain preferred for today unless breaking 1.0515 level and holding below it again.
The expected trading range for today is between 1.0515 support and 1.0670 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 ...