EUR/USD Price Analysis: Bears are on the prowel but bulls are firming up By ross_burland EURUSD Technical Analysis
remains within familiar ranges, albeit eyeing a run to test the 2022 lows. However, the pair could be in for a significant correction according to the following daily chart's analysis:The price would be expected to revisit the prior structure near a 38.2% Fibonacci retracement in the coming days. Currently, based on the recent lows, that level comes in near 1.10 the figure.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
GBP/USD Price Analysis: Bulls attack 200-EMA at 1.3140The GBP/USD pair is oscillating in a tight range of 1.3086-1.3146 amid a contraction in the volatility. The cable is unable to attract volumes in the
Baca lebih lajut »
EUR/USD Forex Signal: Bears Have PrevailedThe $EURUSD pair made a major bearish breakout in the overnight session as the Eurozone economic conditions worsened. Get today's signal here:
Baca lebih lajut »
EUR/USD bounces off lows near 1.0870, looks to FOMCThe European currency regains some composure and manages to lift EUR/USD back to the positive territory beyond the 1.0900 barrier on Wednesday. EUR/US
Baca lebih lajut »
EUR/USD takes out 1.09 the figure, Fed minutes eyedEUR/USD has been under pressure in Asia as markets are trading risk-off and the dollar continues higher on the bud, extending the overnight gains. The
Baca lebih lajut »
Silver Price Analysis: XAG/USD subdued near $24.50 pre-Fed minutes release as bears eye $24.00 support zoneSpot silver (XAG/USD), whilst continuing to trend gradually to the downside as US yields and the US dollar continues to advance ahead of the release o
Baca lebih lajut »
EUR/USD Forecast: Corrective advance meant to be short-livedThe EUR/USD pair extended its weekly decline to 1.0873, a fresh one-month low, as the Eastern European crisis undermines demand for the shared curren
Baca lebih lajut »