You may daily forex gold analysis the analysis on a daily basis with forecasts for the global daily trend. The EURUSD pair fluctuates around the bearish channel’s resistance, noticing that stochastic gets rid of its negativity gradually, to keep the chances valid to test 1. The EURUSD pair resumes its bullish rally to breach the first target at 1.
1705 and paves the way to head towards our second target at 1. The EURUSD pair ended yesterday above 1. 1600 barrier, to confirm the continuation of the bullish bias on the intraday basis, which targets testing the bearish channel’s resistance at 1. The EURUSD pair rallied upwards strongly to breach 1. The EURUSD pair confirmed breaking 1.
1553 level after closing the daily candlestick below it, to support the chances of extending the bearish wave and head towards 1. The EURUSD pair settles below 1. 1553 level, which reinforces the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our next target is located at 1. The EURUSD pair resumes its negative trading to reach our waited target at 1. The EURUSD pair managed to reach our waited target at 1. The EURUSD pair ended last week below 1. 1700 barrier, to add more confirmation to the continuation of the bearish trend in the upcoming period, which its next target located at 1.