The EURUSD pair settles at our first target at 1.2173, facing good resistance there, supported by stochastic negativity, waiting to get enough positive momentum to push the price to surpass the mentioned level and confirm extending the bullish wave towards 1.2300 as a next target.

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.2064.

The expected trading range for today is between 1.2100 support and 1.2260 resistance.

The expected trend for today: Bullish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2158	0.0013	0.1033%
Midday update for the EURUSD 24-02-2021
	GBP/USD	1.4128	0.0092	0.6547%

	Tadawul	9115.76	-51.05	0.56%

	Silver	27.912	0.456	1.661%

	Oil	63.401	3.012	4.988%
Midday update for Crude oil 24-02-2021
	Brent Oil	67.04	1.94	2.98%

	Gold	1797.055	-0.890	0.050%
Update: Gold price attempts to recover

Live Forex Updates

Dollar holds with stock and bond markets in focus

2021-02-24 19:39:24 GMT

US crude inventories rise unexpectedly - EIA

2021-02-24 15:36:43 GMT

Sterling climbs above $1.42 for first time in three years

2021-02-24 09:41:26 GMT

Fed Chief says employment and inflation goals are still far

2021-02-23 16:07:18 GMT

Risk Disclaimer: Economies.com is a financial portal that provides news and analysis about the different financial markets. The articles that we serve on the portal depend solely on the opinion and analysis of our economists which in no way are intended to incite a visitor of the website or an investor to trade or sell/buy a certain instrument. It is the responsibility of the visitor / trader only to evaluate his trading strategies and whether he is capable of trading with taking into consideration that losing all the capital invested is a possibility. The visitor should seek an independent professional financial advisor to discuss his or her trading strategies. Moreover, the provided rates for the different instruments are indicative only and cannot be used for trading purposes. Therefore, no responsibility can be imposed on Economies.com and the company operating the portal for any loss of money that may occur to the visitor by using the website.