The EURUSD within bullish channel – Analysis - 19-03-2019

Economies.com
2019-03-19 05:05AM UTC

The EURUSD pair begins today’s trading with new bullish bias to move away from the intraday bullish channel’s support line that carries the price from 1.1176 areas, noticing that stochastic provides positive overlapping signal now, which supports the expectations of continuing the bullish trend in the upcoming sessions, and the way is open to achieve our main waited target at 1.1420.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 1.1270 level and holding below it.

 

The expected trading range for today is between 1.1270 support and 1.1440 resistance.

 

The expected trend for today: Bullish

Forex and Currency News

NZD/USD news

Forex

Kiwi plumbs two-week trough after disappointing labor data
2024-05-01 05:03AM UTC
The New Zealand dollar fell in Asian trade on Wednesday against a basket of major rivals, ...
Forex News

Forex

Dollar climbs ahead of crucial US data
2024-04-30 11:33AM UTC
The dollar rose in European trade on Tuesday against a basket of major rivals away from two-week ...
EUR/USD news

Forex

Euro under pressure ahead of European inflation data
2024-04-30 07:41AM UTC
Euro declined in European trade on Tuesday against a basket of major rivals, backing away from ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 01-05-2024
2024-05-01 10:07AM UTC
GBPUSD Price Analysis: Expected Scenarios The GBPUSD price attempted to break 1.2480$ level but it ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 01-05-2024
2024-05-01 10:07AM UTC
EURUSD Price Analysis: Expected Scenarios The EURUSD price shows some slight bullish bias now, ...
Technical Analysis

Forex

The GBPCHF provides positive signal – Forecast today – 1-5-2024
2024-05-01 05:33AM UTC
Scenarios and Trading Range Expected Scenarios GBPCHF price provided positive signals by ...