The EURUSD resumes the rise – Analysis - 01-12-2022
Economies.com
2022-12-01 04:04AM UTC
The EURUSD pair tested 1.0285 level and bounced upwards strongly from there, to keep the bullish trend scenario valid and active on the intraday and short term basis, and the way is open to achieve our waited target at 1.0515, noting that breaching this level will extend the bullish wave to reach 1.0600 followed by 1.0745 levels.
The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1.0285 and holding below it.
The expected trading range for today is between 1.0350 support and 1.0520 resistance.
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 ...