The EURUSD confirms the break – Analysis - 29-04-2022
Economies.com
2022-04-29 01:23AM UTC
The EURUSD pair managed to confirm breaking 1.0500 level and rallied bearishly to approach our extended target at 1.0450, reinforcing the expectations of continuing the bearish trend, noting that we expect extending the bearish wave towards 1.0325 areas.
Therefore, the bearish trend will remain dominant in the upcoming sessions, noting that the continuation of the bearish wave requires holding below 1.0530 and the most important below 1.0600.
The expected trading range for today is between 1.0400 support and 1.0560 resistance.
The expected trend for today: Bearish
Forex and Currency News
Forex
Dollar under pressure from US yields and Japanese authorities
2024-04-29 11:17AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a ...
Forex
Euro hovers near two-week high despite bearish outlook
2024-04-29 07:40AM UTC
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the ...
Forex
The Australian dollar shines and the Japanese yen collapses!
2024-04-28 18:43PM UTC
Market Updates on Foreign Currencies The Australian currency tops the list of winning ...
Forex Technical Analysis
Forex
The EURUSD price forecast update - 29-04-2024
2024-04-29 09:53AM UTC
Expected Scenario The EURUSD price surpassed the 1.0715$ level and closed the last four ...
Forex
The GBPAUD hits the first target – Forecast today – 29-4-2024
2024-04-29 05:57AM UTC
GBPAUD Price Analysis Expected Scenario The GBPAUD price started to form new negative ...
Forex
The EURJPY achieves fake gains – Forecast today – 29-4-2024
2024-04-29 05:51AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair started today by forming ...