Forex
The EURUSD within tight track – Analysis - 26-05-2020
2020-05-26 00:23:32 GMT
(Economies.com)
The tight range dominated the EURUSD pair’s trades yesterday, to continue fluctuating around the EMA50, thus, the bearish trend scenario will remain valid as it is without any change, supported by the negative signal that stochastic begins to provide, reminding you that our targets begin at 1.0840 and extend to 1.0700 after surpassing the previous level, while achieving them requires holding below 1.0966.
The expected trading range for today is between 1.0800 support and 1.0966 resistance.
The expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1302
|
-0.0028
|
0.2515%
|
|
|
|
|
1.2629
|
0.0122
|
0.9751%
|
|
|
|
Tadawul
|
7416.67
|
22.41
|
0.30%
|
|
|
|
|
18.676
|
0.330
|
1.796%
|
|
|
|
|
40.025
|
-0.210
|
0.522%
|
|
|
|
|
42.91
|
0.56
|
1.32%
|
|
|
|
|
1795.135
|
9.150
|
0.512%
|
|
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