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The EURUSD resumes the rise – Analysis - 25-10-2021

Economies.com
2021-10-25 04:23AM UTC

The EURUSD pair opens today’s trading with clear positivity to reach 1.1670 level, getting continuous support by the EMA50, waiting to breach the mentioned level to confirm opening the way to achieve more gains that reach 1.1715 followed by 1.1760.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period affected by the previously completed inverted head and shoulders’ pattern, conditioned by the price stability above 1.1615.

 

The expected trading range for today is between 1.1600 support and 1.1750 resistance.

 

The expected trend for today: Bullish

Evening update for Crude oil 22-10-2021

Economies.com
2021-10-22 17:33PM UTC

Crude oil price confirmed breaching 82.65 level and rallies upwards to head towards regaining the main bullish trend again, on its way to achieve additional gains that extend to 84.55, noting that the EMA50 supports the expected rise, which will remain valid unless breaking 82.65 and holding below it again.

Evening update analysis for Gold 22-10-2021

Economies.com
2021-10-22 17:33PM UTC

Gold price traded with strong positivity to breach 1797.00 and reach 1814.00 level, and bounced bearishly to settle below the first level, waiting to get new positive momentum that assist to push the price to resume the positive trades that target 1825.15 mainly, reminding you that the continuation of the bullish trend requires holding above 1770.00.

American International Group stalls - Analysis - 22-10-2021

Economies.com
2021-10-22 11:52AM UTC

American International Group's stock (AIG) fell in the intraday levels on profit-taking while gathering momentum and venting off overbought saturation in the RSI, as the current resistance of 59.85 held on, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to rise and target the resistance of 63.50, provided the resistance of 59.85 was breached.

 

Expected trend for today: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1790 (2025-07-03 05:35AM UTC)