financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price draws positive pattern – Forecast today - 25-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price draws positive pattern – Forecast today - 25-06-2024
Jun 24, 2024 9:51 PM

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. Therefore, we expect to witness positive trades in the upcoming sessions depending on the formation of the mentioned positive pattern, noting that breaking 1.0675$ will stop the expected rise and push the price to decline again. Expected Trading Range Between 1.0670$ support and 1.0820$ 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 >
Euro Price Forecast: EU Inflation Data Bolsters Case for June Rate Cut
Euro Price Forecast: EU Inflation Data Bolsters Case for June Rate Cut
Apr 17, 2024
EUR/USD, EUR/GBP Analysis Fed-ECB policy divergence on the cards, EUR/USD attempts to halt the recent declineEUR/GBP continues to trade within familiar rangeScheduled risk events overshadowed by geopolitical uncertaintyElevate your trading skills and gain a competitive edge. Get your hands on the euro Q2 outlook today for exclusive insights into key market catalysts that should be on every trader's radar: Recommended...
The EURUSD price is recovering – Forecast today - 18-04-2024
The EURUSD price is recovering – Forecast today - 18-04-2024
Apr 18, 2024
Price Analysis: EURUSD Expected Scenario The EURUSD price found solid support at the 1.0600$ barrier, rebounding bullishly and hinting at an attempt to recover in the upcoming sessions and halt the recent bearish correction. The next main station is targeted at 1.0715$. Observing the chart reveals that the mentioned level represents a broken neckline for a double top pattern, with...
End of day Ethereum price (ETHUSD) forecast update - 17-04-2024
End of day Ethereum price (ETHUSD) forecast update - 17-04-2024
Apr 18, 2024
Ethereum price (ETHUSD) trades with clear negativity to reach our waited target at 2905.30$, noting that breaking this level will extend the bearish wave to reach 2800.00$ areas as a next negative station, noting that breaching 3132.80$ will stop the bearish trend and lea the price to attempt to regain the main bullihs trend again. ...
The EURUSD price keeps its negative stability – Forecast today - 17-04-2024
The EURUSD price keeps its negative stability – Forecast today - 17-04-2024
Apr 17, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price settles below the 1.0645$ level, and stochastic attempts to get rid of its negative momentum, while the EMA50 continues to press negatively on the price. Therefore, we believe that the chances are valid to resume the expected bearish trend on the intraday and short-term basis, which targets 1.0525$ followed by 1.0450$ levels...
Copyright 2023-2026 - www.financetom.com All Rights Reserved