The EURUSD touches the target – Analysis - 30-07-2021
Economies.com
2021-07-30 04:00AM UTC
The EURUSD pair succeeded to touch our waited target at 1.1888 and settles around it, and it might witness temporary bearish bias affected by stochastic negativity before attempting to breach and achieve more gains on the intraday and short term basis.
The EMA50 continues to support the price from below, to suggest more bullish bias in the upcoming sessions to head towards 1.1975 as a next positive target, noting that failing to achieve the required breach will press on the price to test 1.1780 areas before any new attempt to rise.
The expected trading range for today is between 1.1820 support and 1.1970 resistance.
The expected trend for today: Bullish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
Forex
The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...