The EURUSD fails to confirm the breach – Analysis - 04-03-2019
Economies.com
2019-03-04 05:29AM UTC
The EURUSD pair still stuck between the trend confirmation levels represented by 1.1300 support and 1.1400 resistance after failing to breach the mentioned resistance on last Friday, thus, we will continue with our neutrality until the price succeeds to confirm breaching one of the mentioned levels to get a clearer signal for the next trend.
We remind you that breaching the resistance will push the price to target 1.1443 followed by 1.1550 levels as initial targets, while breaking the support will put the price under the negative pressure again, to head towards 1.1180 mainly.
The expected trading range for today is between 1.1280 support and 1.1460 resistance.
The expected trend for today: Neutral
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 GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...