financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price forecast update - 21-03-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price forecast update - 21-03-2024
Mar 26, 2024 12:19 AM

The EURUSD price faces negative pressure now to head towards potential test to the key support 1.0860$, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the positive trades, as we suggest the domination of the bullish trend in the upcoming sessions unless breaking the mentioned support, reminding you that our targets begin by breaching 1.0960$ to rally towards 1.1080$.

On the other hand, we should note that the continuation of the decline and breaking 1.0860$ will put the price under additional negative pressure and turn the intraday track to decline.

The expected trading range for today is between 1.0840$ support and 1.1020$ resistance.

Trend forecast: Bullish

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 >
Evening update for EURUSD-07-07-2026
Evening update for EURUSD-07-07-2026
Jul 7, 2026
The EURUSD pair declined in its latest intraday trading, with the emergence of the negative signal from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, leaning in the EMA50s support, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of bullish corrective wave on...
Euro posts cautious gains against the US dollar
Euro posts cautious gains against the US dollar
Jul 7, 2026
The euro edged higher in European trading on Tuesday against a basket of global currencies, extending its gains for a fourth consecutive session versus the US dollar and moving closer to a two-week high. The single currency continues to benefit from a string of weaker-than-expected US economic data, which has reduced expectations for additional Federal Reserve rate hikes this year....
Forecast update for EURUSD -03-07-2026
Forecast update for EURUSD -03-07-2026
Jul 6, 2026
The EURUSD pair settles on series of losses and the price attempts to look for a higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of bullish corrective wave on the short-term basis, with its trading above EMA50, forming negative divergence on the relative strength...
Forecast update for EURUSD -07-07-2026
Forecast update for EURUSD -07-07-2026
Jul 7, 2026
The EURUSD pair rose in its last intraday trading, after its attempts to offload some of its overbought conditions on the relative strength indicators in early moves for today, gathering its positive strength that might help it to recover and rise again, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the strength and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved