The EURUSD confirms the break – Analysis - 21-06-2021
Economies.com
2021-06-21 04:09AM UTC
The EURUSD pair managed to break 1.1888 level and hold below it, starting today with new bearish bias to move away from the mentioned level, which supports the expectations of continuing the bearish trend, waiting to visit 1.1780 as a next main target.
The EMA50 continues to support the suggested bearish wave, noting that breaching 1.1888 and holding above it will stop the expected decline and lead the price to attempt to recover and cover the losses that it suffered recently.
The expected trading range for today is between 1.1770 support and 1.1930 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The EURJPY jumps above the barrier – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
EURJPY Pair Analysis Expected Scenario The EURJPY pair was affected by frequent positive ...
Forex
The GBPJPY approaches the additional target – Forecast today – 20-5-2024
2024-05-20 05:45AM UTC
GBPJPY Pair Analysis Expected Scenario The GBPJPY pair succeeded in holding above the ...
Forex
The USDCHF price awaits more rise – Forecast today - 20-05-2024
2024-05-20 03:56AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price settles above the EMA50, ...