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The EURUSD is stable – Analysis - 26-07-2021

Economies.com
2021-07-26 03:49AM UTC

The EURUSD pair keeps its stability below 1.1780, to keep the negative pressure valid, supported by the EMA50, waiting to resume the negative trades that target 1.1700 as a next main station.

 

Note that breaching 1.1780 – 1.1795 levels will stop the expected decline and lead the price to start recovery attempts and head towards testing 1.1888 areas initially.

 

The expected trading range for today is between 1.1690 support and 1.1830 resistance.

 

The expected trend for today: Bearish

The futuristic coffee contracts record big gains – Analysis – 23-07-2021

Economies.com
2021-07-23 09:38AM UTC

The futuristic coffee contracts formed a strong bullish rally in the last period, surpassing 176.30 barrier to notice resuming the bullish attack and recording big gains by reaching 208.80.

 

Note that forming price gap yesterday and surpassing 194.00 barrier, so that confirms its readiness to resume the bullish attack, to target 61.8% Fibonacci correction level initially at 212.25 and surpassing it might extend to 221.90, to form the main target in the current trading.

 

The expected trading range for today is between 194.50 and 212.25

 

The expected trend for today: Bullish

 

 

The Spanish index tests the moving average 55 – Analysis – 23-07-2021

Economies.com
2021-07-23 09:37AM UTC

The Spanish index price forced to form a bullish rebound after its failure to break at 8250.00 support, noticing by the above image its reach to 8700.00 testing the moving average 55.

 

The current scenario depends on the strength of the moving average, to expect the stability of the trading below it, the beginning of forming bearish waves by the price to target 8430.00 level initially, while the continuation of facing positive pressures and its rally above the current rally will confirm targeting new positive levels that might begin at 8840.00 reaching the main resistance at 9300.00.

 

The expected trading range for today is between 8700.00 and 8560.00

 

The expected trend for today: Bearish

 

 

The EURJPY waits for the negative momentum – Analysis – 23-07-2021

Economies.com
2021-07-23 09:36AM UTC

The EURJPY pair kept its stability within the temporary sideways track, delaying the negative attack due to its neediness to the negative momentum until this moment, noticing that the continuation of forming an extra barrier by the moving average 55 stability near 130.55, which increases the chances for renewing the bearish attempts to expect renewing the pressure on the support at 128.80 in order to find an exit to resume the bearish attack in the upcoming period trading.

 

The expected trading range for today is between 130.50 and 128.90

 

The expected trend for today: fluctuated within the bearish track.

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-13 06:05AM UTC)