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 >
EURUSD gathers its gains-Analysis-25-08-2025
EURUSD gathers its gains-Analysis-25-08-2025
Aug 24, 2025
The (EURUSD) declined in its last trading on the intraday levels, after the stability of the critical resistance at 1.1730, gathering the gains of its previous rises, and it is attempting to offload the clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signal that might reinforce the possibilities for the temporary decline on the near-term...
Evening update for EURUSD -21-08-2025
Evening update for EURUSD -21-08-2025
Aug 21, 2025
The (EURUSD) declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below its EMA50, under the dominance of minor bearish on the short-term bias and its trading alongside a supportive bias line for this track, besides the emergence of the negative signals on the (RSI), after reaching overbought levels. VIP Trading...
EURUSD surrenders to the negative pressure-Analysis-22-08-2025
EURUSD surrenders to the negative pressure-Analysis-22-08-2025
Aug 21, 2025
The (EURUSD) settled low in its last intraday trading, affected by the dominance of the minor bearish wave on the short-term basis, with the continuation of its move alongside a supportive bias line for this track, confirming the weakness of the positive momentum. The negative pressure remains valid due to its trading below EMA50, accompanied by the emergence of the...
Evening update for EURUSD -25-08-2025
Evening update for EURUSD -25-08-2025
Aug 25, 2025
The (EURUSD) slipped lower in its last intraday trading, amid the attempts of looking for rising low to take it as a base that might help it to gain the required bullish momentum to recover, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, affected by a positive technical formation...
Copyright 2023-2025 - www.financetom.com All Rights Reserved