financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price suffers clear losses – Forecast today - 14-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price suffers clear losses – Forecast today - 14-06-2024
Jun 13, 2024 9:46 PM

EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday with strong negativity, to settle below 1.0760$ level, which leads the price to continue the decline and head towards achieving negative targets that start by breaking 1.0720$ to open the way to head towards 1.0675$ followed by 1.0600$. The EMA50 forms negative pressure against the price to support the continuation of the suggested bearish wave, noting that breaching 1.0795$ will stop the expected decline and push the price to recover again. Expected Trading Range Between 1.0660$ support and 1.0810$ 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 >
Evening update for EURUSD-17-07-2026
Evening update for EURUSD-17-07-2026
Jul 17, 2026
The EURUSD pair witnessed fluctuated trading on its latest intraday levels, due to the stability of the key support at 1.1430, accompanied by the stability of EMA50s support, gaining bullish momentum that stopped the losses, amid the dominance of the bullish corrective trend on the short-term basis, with the emergence of the positive signals from the relative strength indicators, after...
Evening update for EURUSD-20-07-2026
Evening update for EURUSD-20-07-2026
Jul 20, 2026
The EURUSD pair declined in its latest intraday trading, to surpass EMA50s support, putting it under negative pressure with the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels, intensifying pressure in the upcoming near period, where bullish corrective trend remains dominant on the short-term basis, with the trading alongside supportive trend line for...
Forecast update for EURUSD -17-07-2026
Forecast update for EURUSD -17-07-2026
Jul 17, 2026
The EURUSD pair declined in its last intraday trading, leaning on EMA50s support, amid its attempts to look for higher low to use it as a base to help it gain the required bullish momentum for its recovery, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path, besides...
Forecast update for EURUSD -21-07-2026
Forecast update for EURUSD -21-07-2026
Jul 21, 2026
The EURUSD pair rose in its last intraday trading, benefiting from the positive signals from the relative strength indicators, after reaching oversold levels, with its trading within bullish corrective channel that limits its previous trading on the short-term basis, reinforcing the positive momentum, where EMA50s resistance represents an obstacle that may reduce these gains. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved