financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price forecast update - 21-03-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price forecast update - 21-03-2024
Mar 26, 2024 12:19 AM

The EURUSD price faces negative pressure now to head towards potential test to the key support 1.0860$, affected by stochastic negativity, waiting to get positive motive that assist to push the price to resume the positive trades, as we suggest the domination of the bullish trend in the upcoming sessions unless breaking the mentioned support, reminding you that our targets begin by breaching 1.0960$ to rally towards 1.1080$.

On the other hand, we should note that the continuation of the decline and breaking 1.0860$ will put the price under additional negative pressure and turn the intraday track to decline.

The expected trading range for today is between 1.0840$ support and 1.1020$ 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 >
Evening update for EURUSD -17-09-2025
Evening update for EURUSD -17-09-2025
Sep 17, 2025
The (EURUSD) rose in its last intraday trading, after it succeeded in its previous trading by offloading its overbought conditions on the relative strength indicators, opening the way for achieving mor of the gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive main and minor trend lines. VIP Trading Signals Performance...
EURUSD declines after reaching our suggested target -Analysis-18-09-2025
EURUSD declines after reaching our suggested target -Analysis-18-09-2025
Sep 17, 2025
The (EURUSD) declined in its last intraday trading, after facing strong resistance at 1.1900 level, which represents our expected target in our last forecast, this decline considered as an attempt to look for new rising low might form a base for gaining the required bullish momentum to recover its bullish track. The main trend remains supported by positive factors, the...
Evening update for EURUSD -18-09-2025
Evening update for EURUSD -18-09-2025
Sep 18, 2025
The (EURUSD) supported by its lean on the support of its EMA50, gaining some bullish momentum that helped it to achieve slight gains on its last intraday levels, especially with the positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price movement, with the emergence of the positive signals from them, amid the dominance...
Evening update for EURUSD -19-09-2025
Evening update for EURUSD -19-09-2025
Sep 20, 2025
The (EURUSD) deepened its losses in its last intraday trading, reaching our morning expected target at 1.1730, by negative pressure due to its trading below EMA50, affected by breaking minor bullish trend line on a short-term basis, besides the price last decline after offloading its clear oversold levels on the relative strength indicators, increasing the negative pressure that comes from...
Copyright 2023-2025 - www.financetom.com All Rights Reserved