Forex
The EURUSD within the bearish channel – Analysis - 15-09-2021
2021-09-15 04:14:01 GMT
(Economies.com)
The EURUSD pair attempted to breach the bearish channel’s resistance but it returned to settle below it, which keeps the bearish trend scenario valid and active for the upcoming period, waiting to press on 1.1780 to break it and open the way to head towards 1.1700 as a next target.
The EMA50 supports the expected decline, which will remain valid conditioned by the price stability below 1.1825.
The expected trading range for today is between 1.1730 support and 1.1870 resistance.
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1621
|
0.0010
|
0.0831%
|
|
|
|
|
1.3761
|
0.0022
|
0.1623%
|
|
|
|
Tadawul
|
11890.10
|
44.17
|
0.37%
|
|
|
|
|
24.383
|
1.069
|
4.588%
|
|
|
|
|
84.422
|
1.076
|
1.291%
|
|
|
|
|
86.21
|
0.68
|
0.80%
|
|
|
|
|
1799.310
|
29.570
|
1.671%
|
|
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