The EURUSD is recovering – Analysis - 13-01-2021
Economies.com
2021-01-13 05:31AM UTC
The EURUSD pair ended yesterday above 1.2173 level, which leads the price to regain the main bullish trend after the bearish correction that it witnessed in the previous sessions, on its way to test 1.2300 followed by 1.2350 levels as initial positive targets.
Therefore, the bullish trend will be expected for the upcoming period, noting that breaching 1.2220 will ease the mission of achieving the waited targets, while the bullish trend will remain active unless breaking 1.2173 and holding below it again.
The expected trading range for today is between 1.2150 support and 1.2300 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Dollar loses ground as markets focus on corporate earnings
2024-04-29 18:46PM UTC
Dollar declined against most major rivals on Monday as markets focus on corporate earnings and the ...
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 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 ...