financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price shows mixed trades – Forecast today - 29-04-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price shows mixed trades – Forecast today - 29-04-2024
Apr 29, 2024 12:34 AM

EURUSD Price Analysis The EURUSD price ended last Friday below 1.0715$ level, but we notice that the EMA50 formed good support to stop the decline and push the price to start recovery attempts by todays open, accompanied by witnessing positive overlapping signal through stochastic now. Therefore, we believe that the chances valid to rise in the upcoming sessions, and the price needs to confirm breaching 1.0715$ to open the way to visit 1.0795$ as a first positive target, noting that breaking 1.0695 will stop the expected rise and push the price to turn to decline. The expected trading range for today is between 1.0660$ support and 1.0800$ 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 >
Forecast update for EURUSD -13-11-2025.
Forecast update for EURUSD -13-11-2025.
Nov 13, 2025
The price of (EURUSD) surged higher in its last intraday trading, breaching the key resistance at 1.1595, supported by its trading alongside bullish corrective trend on the short-term basis, with its continued trading above EMA50, reinforcing the chances of targeting new resistance on the near-term basis, this rise comes despite the emergence of negative signals on the relative strength indicators,...
Evening update for EURUSD -10-11-2025
Evening update for EURUSD -10-11-2025
Nov 10, 2025
The (EURUSD) declined in its last intraday trading, affected by the stability of the critical resistance at 1.1550, by negative pressure due to the emergence of the negative signals on the relative strength indicators, besides the dominance of the main bearish trend and its trading alongside supportive minor trendline for this track. VIP Trading Signals Performance by BestTradingSignal.com (20-31 Oct,...
Forecast update for EURUSD -12-11-2025.
Forecast update for EURUSD -12-11-2025.
Nov 12, 2025
The price of (EURUSD) declined in its last intraday trading, affected by the stability of the key resistance at 1.1595, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to breach this resistance amid the continuation of the dynamic support that is represented by...
Evening update for EURUSD -13-11-2025
Evening update for EURUSD -13-11-2025
Nov 13, 2025
The (EURUSD) extended its gains in its last intraday trading, amid the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, and under the dominance of bullish corrective wave on the short-term basis and its trading alongside trendline. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved