The EURUSD keeps rising – Analysis - 25-05-2022

2022-05-25 04:09:40 GMT (Economies.com)
 

The EURUSD pair approached our waited extended target at 1.0770, showing some slight bearish bias now affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the positive trades to achieve the mentioned target.

 

In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 1.0670 and holding below it, as breaking it will press on the price to attempt to return to the main bearish track again.

 

The expected trading range for today is between 1.0650 support and 1.0780 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0177
-0.0042
0.4071%
1.2112
0.0008
0.0636%
20.118
-0.132
0.652%
86.673
-0.588
0.674%
92.34
-2.76
2.90%
1776.510
-5.175
0.290%
 
 
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