The EURAUD returns to the bullish range – Analysis – 17-5-2019
Economies.com
2019-05-17 09:11AM UTC
The EURAUD pair formed many bullish waves recently, to notice rallying above the bullish channel’s support line at 1.6175, attempting to regain the bullish bias again, while we will depend on the stability of the current support to increase the chances of renewing the bullish attempts to expect targeting 1.6340 followed by 1.6540 levels in the upcoming period.
The price gets the positive momentum through stochastic fluctuation within the overbought areas, to increase the chances of forming strong bullish trades.
The expected trading range for today is between 1.6190 and 1.6340
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 ...