Forex

End of day analysis for the EURUSD 23-10-2020

2020-10-23 16:59:20 GMT (Economies.com)

The EURUSD pair begins providing negative trades after approaching the bullish channel’s resistance that appears on the chart, accompanied by stochastic reach to the thresholds of the overbought areas, waiting to resume the expected bearish trend for today, which depends on the price stability below 1.1880, while its next main target located at 1.1720.

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.