Midday update for the EURUSD 18-09-2020

2020-09-18 09:27:11 GMT (

The EURUSD pair fluctuates at the intraday bearish channel’s resistance, noticing that stochastic shows clear negative signals on the four hours’ time frame, waiting to motivate the price to resume the expected bearish trend for today, which targets 1.1720 level mainly.


Therefore, we will keep our bearish overview unless the price rallied to breach 1.1870 followed by 1.1910 levels and hold above them.


The expected trading range for today is between 1.1750 support and 1.1910 resistance.


The expected trend for today: Bearish

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.