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The EURUSD crawls downwards – Analysis - 07-12-2022

Economies.com
2022-12-07 04:50AM UTC

The EURUSD pair trades with calm negativity to move away from 1.0515 level, to hint continuing the decline on the intraday basis, targeting visiting 1.0425 followed by 1.0285 after breaking the previous level.

 

Therefore, the bearish bias will be suggested for today, noting that failing to break 1.0425 will lead the price to build bullish wave and attempt to resume the correctional bullish trend again.

 

The expected trading range for today is between 1.0360 support and 1.0520 resistance.

 

The expected trend for today: Bearish

Evening update for Crude oil price 06-12-2022

Economies.com
2022-12-06 19:21PM UTC

Crude oil price declined sharply to surpass our waited target at 75.00 and reach the previously recorded low at 73.64, and it is important to monitor the upcoming trading, as continuing the decline and breaking this level will extend oil price losses to reach 70.00 areas, while consolidating above it will lead the price to start bullish wave on the intraday basis and head towards 77.00 areas initially.

Cisco gathers positive momentum - Analysis - 06-12-2022

Economies.com
2022-12-06 11:56AM UTC

Cisco Systems' stock (CISCO) fell in the last session after the pivotal resistance of 50.00 held its ground, collecting recent profits and gathering momentum to pierce that resistance, amid the dominance of the upward correctional short-term wave, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 53.68, provided the resistance of 50.00 was breached. 

 

Expected trend for today: Bullish

Marriott International declines tactically - Analysis - 06-12-2022

Economies.com
2022-12-06 11:56AM UTC

Marriott International's stock (MAR) fell in the intraday levels, while gathering momentum to pierce the important resistance of 166.56, amid the dominance of the upward short-term trend, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 179.25, provided the resistance of 166.55 was breached. 

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1690 (2025-07-11 22:15PM UTC)