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 >
Forecast update for EURUSD -13-05-2026.
Forecast update for EURUSD -13-05-2026.
May 13, 2026
The (EURUSD) continued to slide during its recent intraday trading, breaking a major short-term upward trendline. This decline came alongside the pair falling below EMA50, increasing the negative pressure on the pair and weakening any hopes of a near-term recovery. This also coincides with the beginning of a negative crossover on the relative strength indicators, after the pair managed to...
EURUSD Price declines, affected by solid resistance - Analysis-12-05-2026
EURUSD Price declines, affected by solid resistance - Analysis-12-05-2026
May 11, 2026
EURUSD declined in its latest intraday trading, due to the stability of the key and stubborn resistance at 1.1790, to attempt to gain bullish momentum that might help it to breach this resistance, and attempts to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of negative overlapping signals. this comes amid the dominance...
Forecast update for EURUSD -12-05-2026.
Forecast update for EURUSD -12-05-2026.
May 12, 2026
The EURUSD pair declined in its last intraday trading, amid its attempts to gain bullish momentum that might help it to recover and rise again, leaning on EMA50s support, as a strong chance for gaining this momentum, especially with the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this path,...
Euro extends losses as US-China summit starts
Euro extends losses as US-China summit starts
May 14, 2026
The euro edged lower in European trading on Thursday against a basket of global currencies, extending its losses for the fourth consecutive session versus the US dollar, amid continued demand for the greenback as the preferred investment option, especially after US inflation data strengthened expectations for Federal Reserve rate hikes this year. This comes as US President Donald Trump and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved