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The EURUSD loses momentum – Analysis - 16-09-2021

Economies.com
2021-09-16 04:27AM UTC

The EURUSD pair fluctuates around the EMA50 now, settling below the bearish channel’s resistance that appears on the chart, noticing that stochastic loses its positive momentum gradually.

 

Therefore, these factors encourage us to suggest the bearish bias in the upcoming sessions, which its targets begin at 1.1780 and extend to 1.1700 after breaking the previous level, noting that holding below 1.1830 is important to continue the expected decline.

 

The expected trading range for today is between 1.1740 support and 1.1888 resistance.

 

The expected trend for today: Bearish

Evening update for Crude oil 15-09-2021

Economies.com
2021-09-15 16:46PM UTC

Crude oil price rallied upwards strongly to succeed reaching our extended target at 73.30, and bounced bearishly to hint potential decline to visit 71.05 areas in the upcoming sessions before turning back to rise again, taking into consideration that breaching 73.30 will lead the price to achieve additional gains that reach 75.00 on the near term basis.

Evening update analysis for Gold 15-09-2021

Economies.com
2021-09-15 16:45PM UTC

Gold price faces negative pressure to trade below 1797.00, which urges caution from the upcoming trading, as closing the daily candlestick below this level will push the price back to the bearish track and press on the price to head towards 1770.00 as a first negative target.

AMD tries to regain footing - Analysis - 15-09-2021

Economies.com
2021-09-15 12:07PM UTC

AMD's stock rose in the intraday levels in a journey to search for a bottom to bolster it higher while gathering momentum to regain footing, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, while a positive divergence forms in the RSI after reaching oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the first resistance at 114.45. 

 

Expected trend for today: Bullish 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1688 (2025-07-11 22:05PM UTC)