The EURUSD under the negative pressure – Analysis - 17-06-2019
Economies.com
2019-06-17 04:06AM UTC
The EURUSD pair fluctuates around the EMA50, keeping its stability above 1.1180 until now, noticing that stochastic gets rid of its negative momentum clearly to reach the thresholds of the oversold areas, which forms positive motive that we are waiting to assist to push the price to rise again.
Therefore, the main bullish trend scenario will remain valid for the upcoming period unless breaking 1.1180 level and holding below it, reminding you that our main waited target reaches 1.1443.
The expected trading range for today is between 1.1150 support and 1.1300 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 ...