• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

EURGBP and EURCHF: EURGBP down on Monday to 1.84150

by July 22, 2024
written by July 22, 2024

EURGBP and EURCHF: EURGBP down on Monday to 1.84150

During this morning’s Asian trading session, EURGBP was in retreat from the 0.84300 level. 
EURCHF is in a slight bullish consolidation for the third day in a row. 

EURGBP chart analysis

During this morning’s Asian trading session, EURGBP was in retreat from the 0.84300 level. In the EU session, we saw a drop below the EMA 200 moving average to 0.84135. The Euro is under pressure to continue its retreat unless it returns above the EMA 200 moving average soon. Bearish momentum prevails today, and we could see a continuation of the bearish side in the US session.

Potential lower targets are 0.84100 and 0.84000 levels. With the return above the 200 EMA, we are still under pressure below the 0.84300 resistance zone. If we manage to move above, the chances of seeing growth to the bullish side increase. Potential higher targets are 0.84350 and 0.84400 levels. We would still be far from the July high there, but we were on our way to it.

 

EURCHF chart analysis

EURCHF is in a slight bullish consolidation for the third day in a row. During this morning’s Asian session, the pair was under pressure around the 0.96750 level. After that, we saw a descent to the 0.96564 level and the formation of a daily low. Soon after, the pair manages to stay there and recover to the 0.96700 level. We need an impulse above the 0.96750 level in order to return to the positive side above the weekly open price.

Potential higher targets are 0.96900 and 0.97000 levels. For a bearish option, EURCHF would have to go down to the 0.96500 level. We are very close to testing last week’s low. After that, we can expect an increase in bearish momentum and the creation of a new low. Potential lower targets are 0.96400 and 0.96300 levels.

 

The post EURGBP and EURCHF: EURGBP down on Monday to 1.84150 appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Kamala Harris’ presidential campaign raises nearly $50 million since Biden endorsement
next post
The euro index is unstable, while the yen index is positive

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Democrats need new playbook to confront Trump, Kamala Harris pollster tells party

    December 14, 2024
  • Harris defends policy flip-flops in preview of first interview since ascending ticket

    August 29, 2024
  • Brace yourself, America. With Kamala Harris, Democrats are about to put on an incredible show

    July 23, 2024
  • Gold and Silver: Gold in a bullish trend since Thursday

    August 9, 2024
  • Ethereum price stopped the bullish trend this morning

    September 11, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,924)
  • Investing (634)
  • Stock (921)

Latest Posts

  • ‘Irrelevant’: Senators push back against Vought’s call for more partisan spending process

    July 17, 2025
  • Senate GOP tees up confirmation hearing blitz in effort to meet ambitious Trump targets

    January 13, 2025
  • Liberal think tank’s deep ties to Biden admin, far-left policies could come back to haunt Harris campaign

    September 9, 2024

Recent Posts

  • Federal judge blocks Trump’s transgender military executive order

    March 19, 2025
  • Trump hails cooperative effort at anti-revenge porn bill signing: ‘Bipartisanship is still possible’

    May 19, 2025
  • Iran threatens to hit US bases in the Middle East: What is the threat level?

    June 13, 2025

Editor’s Pick

  • Trump vindicated as explosive report confirms Iran supervises Houthi ‘political and military affairs’

    March 20, 2025
  • Republican senators move to block Somalia terror funding until allies pay ‘fair share’

    May 2, 2025
  • Early voting means ‘election season’ may begin very soon

    September 6, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock