The pairs’ trading settled at the critical support 0.9240 which we are waiting to be breached, and it has the ability to push the price towards more bearishness on the short term basis.

In general, the bearish trend scenario remains valid, and the waited targets begin at 0.9150 followed by 0.9000, while achieving it requires stability below 0.9400

Expected trading range for today is between: 0.9150 support and 0.9400 resistance.

Expected trend for this week: Bearish

Previous Analysis

Next Analysis

Main

Forex

Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1929	0.0027	0.2252%
Midday update for the EURUSD 24-06-2021
	GBP/USD	1.3914	0.0020	0.1468%

	Tadawul	10919.68	6.62	0.06%

	Silver	25.927	-0.061	0.235%

	Oil	73.330	1.504	2.094%
Midday update for Crude oil 24-06-2021
	Brent Oil	75.56	0.32	0.43%

	Gold	1774.300	-4.090	0.230%
Midday update for Gold 24-06-2021

Live Forex Updates

Dollar steadies after positive economic data

2021-06-24 18:53:11 GMT

US unemployment claims worse than expected

2021-06-24 12:34:40 GMT

US economy grows as expected in first quarter

2021-06-24 12:33:14 GMT

Dollar falls ahead of US growth data

2021-06-24 12:03:29 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.