The EURUSD is forced for some decline – Analysis - 13-06-2019
Economies.com
2019-06-13 04:40AM UTC
The EURUSD pair provided slight negative trades yesterday to approach testing the first key support 1.1255, as the price is affected by stochastic negativity, but the EMA50 continues to provide the positive support to the price, to keep the bullish trend scenario valid for the upcoming period, waiting to test 1.1443 level mainly.
We should note that breaking 1.1255 followed by 1.1180 levels will stop the expected rise and press on the price to resume the bearish trend on the medium term basis.
The expected trading range for today is between 1.1230 support and 1.1380 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...