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 >
EUR/USD Latest: Polling Data Places Marine Le Pen’s Party in Top Spot
EUR/USD Latest: Polling Data Places Marine Le Pen’s Party in Top Spot
Jun 25, 2024
French Election Polls, Euro Latest Polling data has Marine Le Pen’s party leading the three horse raceEUR/USD: Softer USD may limit downside risks for the pairBond spreads in view in the lead up to Sunday’s first round of electionsThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive...
The EURUSD price needs a negative motive – Forecast today - 24-06-2024
The EURUSD price needs a negative motive – Forecast today - 24-06-2024
Jun 23, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price settles near 1.0675$ support line, waiting to break this level to confirm the continuation of the bearish wave on the intraday basis, with its next target located at 1.0600$. Stochastic beings to lose the positive momentum gradually, while the EMA50 forms continuous negative pressure against the price, suggesting a bearish trend for...
The EURUSD price draws positive pattern – Forecast today - 25-06-2024
The EURUSD price draws positive pattern – Forecast today - 25-06-2024
Jun 24, 2024
The EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday above 1.0720$ level, and by taking a deeper look at the chart, we find that the price is forming double bottom pattern that its confirmation line located at 1.0750$, which means that breaching this level will motivate the price to achieve more gains and head to visit 1.0840$ direct....
BoJ Minutes Suggest a July Rate Hike is not out of the Question, Yen Unchanged
BoJ Minutes Suggest a July Rate Hike is not out of the Question, Yen Unchanged
Jun 24, 2024
Japanese Yen (USD/JPY) Analysis BoJ discussed the weaker yen and timely hike but the committee strikes slightly hawkish toneUSD/JPY comes perilously close to the significant 160 markMajor risk events for the week: US PCEThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ Discussed the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved