financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price awaits more decline – Forecast today - 21-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price awaits more decline – Forecast today - 21-06-2024
Jun 20, 2024 9:49 PM

EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday below 1.0720$ level, and the EMA50 keeps pressing negatively on the price, waiting for the continuation of the decline to achieve our negative targets that start at 1.0675$ and extend to 1.0600$. Stochastic current positivity might cause some temporary bullish bias before resuming the expected bearish trend, which will remain valid unless the price rallied to breach 1.0795$ and hold above it. Expected Trading Range Between 1.0640$ support and 1.0790$ resistance.

Trend Forecast: Bearish

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Dollar (DXY) Unchanged on Mixed US NFPs, Gold Grabs a Small Bid
US Dollar (DXY) Unchanged on Mixed US NFPs, Gold Grabs a Small Bid
Jul 5, 2024
US Dollar (DXY) Unchanged on Mixed US NFPs, Gold Grabs a Small Bid US dollar index little changed after US Jobs Report.Gold picks up a small bid.For all high impact data and event releases, see the real-time DailyFX Economic Calendar You can now download our complimentary Q3 US Forecast below: Recommended by Nick Cawley Get Your Free USD Forecast The...
The EURUSD price tests the support – Forecast today - 27-06-2024
The EURUSD price tests the support – Forecast today - 27-06-2024
Jun 26, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price faced negative pressure yesterday to test 1.0675$ support line, noticing that the price consolidated above this level to start rising by todays open, motivated by stochastic positivity, to keep the bullish trend valid for the upcoming period, waiting to breach 1.0750$ to activate the positive effect of the triple bottom pattern that...
​​​​​​FTSE 100 holds support, while Dax struggles, but Dow surges to fresh highs​​​​​​
​​​​​​FTSE 100 holds support, while Dax struggles, but Dow surges to fresh highs​​​​​​
Jul 17, 2024
FTSE 100, DAX 40, Dow Jones 30 ​​​FTSE 100 holds above support ​The index bounced from the 8150 support zone yesterday, halting any downside for the time being.​Recent gains have petered out around 8300, so a close above this is needed to revive a bullish view in the short term and open the way to the May highs. FTSE 100...
British Pound (GBP/USD) Latest
British Pound (GBP/USD) Latest
Jul 10, 2024
British Pound (GBP/USD) Analysis and Charts K 2-year Gilt yields set to break below 4%.GBP/USD eyes Thursday’s US CPI release.Download the brand new Q3 British Pound Technical and Fundamental Forecasts below: Recommended by Nick Cawley Get Your Free GBP Forecast UK government borrowing costs are declining as investors anticipate lower interest rates. The 2-year gilt yield is approaching levels not...
Copyright 2023-2024 - www.financetom.com All Rights Reserved