The EURUSD presses on the support – Analysis - 10-06-2021

Economies.com
2021-06-10 04:30AM UTC

The EURUSD pair begins to press on the key support 1.2175 in attempt to break it, waiting to confirm the break to activate the negative scenario that targets 1.2064 level as a next main station, to continue with our neutrality until the price confirms breaking the mentioned support or breaching 1.2200 resistance.

 

Note that breaching the mentioned resistance will lead the price to resume the main bullish wave that its next target located at 1.2300.

 

The expected trading range for today is between 1.2090 support and 1.2250 resistance.

 

The expected trend for today: Neutral

Forex and Currency News

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 ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

USD CHF Analysis

Forex

The USDCHF price faces solid resistance – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
USDCHF Price Analysis Expected Scenario The USDCHF price encountered solid resistance at ...
NZD USD Analysis

Forex

The NZDUSD price rises again – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price has returned to rise after a ...
AUD USD Analysis

Forex

The AUDUSD price attempts positively – Forecast today - 26-04-2024
2024-04-26 03:58AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price has shown new positive trades ...