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...

EURUSD Price Analysis Expected Scenario The EURUSD price finds solid support at the 1.0675$ level, showing some slight bullish bias influenced by stochastic positivity. However, the EMA50 exerts negative pressure, supporting the continuation of the expected bearish trend on the intraday basis, targeting 1.0600$ as the next main station. Therefore, the bearish trend scenario will remain valid for the upcoming...

Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the second day against the dollar and giving up $1.07, marking six-week lows and on track for the largest weekly loss since April amid mounting EU political risks. Anti-EU parties won a quarter of seats at the European Parliament in the last elections, up...

The EURUSD price resumes its negative trading to break 1.0720$ and reach the first extended target at 1.0675$, and we suggest breaking this level to open the way to head towards our next target that reaches 1.0600$. Therefore, we are waiting for more expected decline for the rest of the day unless the price rallied to breach 1.0795$ and holding...