The EURUSD crawls upwards – Analysis - 26-02-2019
Economies.com
2019-02-26 05:35AM UTC
The EURUSD pair shows slight positive trades on its way to test the key resistance 1.1390, which represents one of the next trend keys represented by the mentioned resistance and 1.1300 support, and as we mentioned in our recent reports, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
We remind you that breaching the resistance will push the price to achieve positive targets that begin at 1.1443 followed by 1.1550, while breaking the support will lead the price to resume the bearish bias that its next main target located at 1.1180.
The expected trading range for today is between 1.1280 support and 1.1450 resistance.
The expected trend for today: Neutral
Forex and Currency News
Forex
Dollar hovers near three-week trough as US yields taper off
2024-05-06 11:23AM UTC
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the ...
Forex
Euro approaches three-week high amid bullish outlook
2024-05-06 08:02AM UTC
Euro rose in European trade on Monday against a basket of major rivals, maintaining gains for the ...
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 06-05-2024
2024-05-06 11:08AM UTC
GBPUSD Price Analysis The GBPUSD price attempts to breach the 1.2580$ level. Waiting to surpass ...
Forex
The EURUSD price forecast update - 06-05-2024
2024-05-06 11:08AM UTC
EURUSD Price Analysis The EURUSD price settles at the intraday bullish channel’s support ...
Forex
Deere price surrounded with positive pressures - Forecast today - 06-05-2024
2024-05-06 10:28AM UTC
Deere & Company’s stock (DE) extended its gains in the intraday levels, amid the ...