The EURUSD reaches the extended target – Analysis - 27-05-2022
1 year ago

The EURUSD pair resumed its positive trading strongly to reach our waited target at 1.0770, getting continuous positive support by the EMA50 that reinforces the chances of surpassing the mentioned level to open the way to achieve additional gains that reach 1.0865.


Therefore, we expect to witness more rise in the upcoming sessions, noting that failing to achieve the required breach will press on the price to test 1.0670 areas before any new attempt to rise.



The expected trading range for today is between 1.0700 support and 1.0850 resistance.


Open Live Trading Account

The expected trend for today: Bullish

Forex and Currency News

EUR/USD news


Euro trades near six-month low ahead of major European data
13 hours ago
Euro fell in European trade on Friday against a basket of major rivals, extending losses for the ...
GBP/USD news


Sterling sharpens decline to six-month lows after surprise decision by BOE
1 day ago
Sterling fell on Thursday after Bank of England announced a surprise pause in the cycle of rate ...
Forex News


Dollar extends gains to six-month high on Fed prospects
1 day ago
US Dollar rose in European trade on Thursday against a basket of major rivals for the third ...

Forex Technical Analysis

NZD USD Analysis


Midday update for the NZDUSD 22-09-2023
10 hours ago
The NZDUSD pair breached 0.5940 level clearly to activate the positive scenario in the upcoming ...
AUD USD Analysis


Midday update for the AUDUSD 22-09-2023
10 hours ago
The AUDUSD pair trades positively to surpass 0.6440 and attempts to hold above it, to hint heading ...
GBP USD Analysis


Midday update for the GBPUSD 22-09-2023
10 hours ago
The GBPUSD pair resumes its negative trading clearly to press on the bearish channel’s ...