The EURUSD keeps its positive stability – Analysis - 21-11-2019

Economies.com
2019-11-21 06:04AM UTC

The EURUSD pair kept its stability above 1.1065 level, and started to provide positive trading in attempt to move away from the mentioned level, as it gets continuous positive support by the EMA50, to keep the bullish trend valid and active in the upcoming sessions, waiting to target 1.1105 followed by 1.1180 levels that represent our next main targets.

 

We should note that breaking 1.1065 would put the price under the correctional bearish pressure again, to head towards testing 1.0995 followed by 1.0950 areas as main negative targets.

 

The expected trading range for today is between 1.1000 support and 1.1180 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY 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 ...
GBP/JPY news

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 News

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

EUR USD 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 ...
GBP USD Analysis

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 ...
EUR USD Analysis

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, ...