EURUSD continues to fluctuate – Analysis - 20-09-2018

Economies.com
2018-09-20 04:16AM UTC

The EURUSD pair shows more attempts to breach 1.1705 level, and continues to fluctuate between this resistance and the EMA50, to keep the bullish trend scenario valid as it is without any change, depending on the price stability above 1.1620 and 1.1554 levels, reminding you that breaching the mentioned resistance will extend the pair’s gains to reach 1.1800 followed by 1.1975 levels.

 

Stochastic begins to get rid of its negativity in attempt to gain positive momentum that assists to push the price to achieve the waited targets.

 

Expected trading range for today is between 1.1600 support and 1.1760 resistance.

 

Expected trend for today: Bullish

Forex and Currency News

Forex News

Forex

Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
EUR/JPY news

Forex

Euro scales 16-year peak against yen
2024-04-25 07:51AM UTC
Euro rallied in Asian trade on Thursday against the yen, extending gains for the fifth straight ...
EUR/USD news

Forex

Euro parks at two-week high amid positive sentiment
2024-04-24 07:41AM UTC
Euro rose in European trade on Wednesday, widening gains for the fourth straight session and ...

Forex Technical Analysis

NZD USD Analysis

Forex

The NZDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
NZDUSD Price Analysis Expected Scenario The NZDUSD price shows new positive trades now, ...
AUD USD Analysis

Forex

The AUDUSD price forecast update 25-04-2024
2024-04-25 09:42AM UTC
AUDUSD Price Analysis Expected Scenario The AUDUSD price resumes its positive trading ...
GBP USD Analysis

Forex

The GBPUSD forecast update 25-04-2024
2024-04-25 09:42AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price rallies upwards strongly to ...