The EURUSD within sideways track – Analysis - 20-03-2019
Economies.com
2019-03-20 04:54AM UTC
The EURUSD pair moves within sideways track as appears on the chart, and the price needs to breach 1.1360 level to confirm resuming the expected bullish trend on the intraday basis, as we are waiting to test 1.1420 – 1.1443 levels mainly.
The EMA50 continues to support the price from below, while stochastic attempts to get rid of its negative momentum, thus, we will keep our bullish overview for today unless breaking 1.1290 level and holding below it.
The expected trading range for today is between 1.1290 support and 1.1440 resistance.
The expected trend for today: Bullish
Forex and Currency 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
Aussie gains ground despite mixed data
2024-04-23 20:58PM UTC
The Australian dollar rose against a basket of major rivals on Tuesday following mixed ...
Forex
Sterling loses ground under pressure from BOE
2024-04-23 07:35AM UTC
Sterling fell in European trade on Tuesday against a basket of major rivals, extending losses for ...
Forex Technical Analysis
Forex
The GBPUSD forecast update 24-04-2024
2024-04-24 09:29AM UTC
The GBPUSD price shows negative trades to head towards testing the key support 1.2385$, which ...
Forex
The EURUSD price forecast update - 24-04-2024
2024-04-24 09:29AM UTC
Analysis of Expected Scenarios The EURUSD price begins to rebound bearishly after testing ...
Forex
The CADJPY settles within the bullish track – Forecast today – 24-4-2024
2024-04-24 05:44AM UTC
CADJPY Price Analysis Expected Scenario The CADJPY price kept its consolidation within ...