The EURUSD needs the positive momentum – Analysis - 20-11-2019
Economies.com
2019-11-20 05:38AM UTC
The EURUSD pair settles above 1.1065 level, and the price needs to get enough positive momentum to push trades to achieve more gains in the upcoming period.
Until now, we still suggest the bullish trend as long as 1.1065 level remains intact, as breaking it will press on the price to test 1.0995 areas again before determining the next destination clearly, while the suggested bullish wave targets located at 1.1105 and extend to 1.1180.
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
Forex
Dollar plumbs three-week low ahead of US payrolls report
2024-05-03 11:57AM UTC
Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the ...
Forex
Yen hits three-week high as Japanese authorities intervene
2024-05-03 04:57AM UTC
Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight ...
Forex
Dollar rebounds ahead of US unemployment claims data
2024-05-02 11:10AM UTC
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a ...
Forex Technical Analysis
Forex
The NZDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The NZDUSD price breached 0.6000$ level strong and settled above it, reinforcing the expectations ...
Forex
The AUDUSD price forecast update 03-05-2024
2024-05-03 13:54PM UTC
The AUDUSD price traded with strong positivity to succeed achieving our new waited target at ...
Forex
The GBPUSD forecast update 03-05-2024
2024-05-03 13:52PM UTC
The GBPUSD price traded with strong positivity to breach 1.2580$ level strongly but it returns to ...