financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price forecast update - 22-10-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price forecast update - 22-10-2024
Oct 26, 2024 9:31 AM

The EURUSD price shows some slight bullish bias now, affected by stochastic positivity, but as long as the price is below 1.0880$, our bearish overview will remain valid for today, supported by the negative pressure formed by the EMA50, reminding you that our targets begin at 1.0780$ and extend to 1.0700$ after breaking the previous level.

The expected trading range for today is between 1.0735$ support and 1.0880$ 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 >
Evening update for EURUSD-06-08-2026
Evening update for EURUSD-06-08-2026
Aug 6, 2026
The EURUSD pair slipped lower in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, attempting to look for a higher low to use it as a base that might help it to gain the required bullish momentum for a recovery, amid the dominance of the bullish corrective trend...
Forecast update for EURUSD -05-08-2026
Forecast update for EURUSD -05-08-2026
Aug 5, 2026
The EURUSD pair extended its gains in its last intraday trading, benefiting from the ongoing dynamic support due to its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, on the other hand, we notice a negative crossover from the relative strength indicators, after reaching overbought levels, which could cast doubt on...
Forecast update for EURUSD -06-08-2026
Forecast update for EURUSD -06-08-2026
Aug 6, 2026
The EURUSD pair settled lower in its last intraday trading, affected by the stability of the key resistance at 1.1555, in a technical move that targets gathering the previous gains and gaining bullish momentum that might help the pair to breach this resistance, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence...
Evening update for EURUSD-05-08-2026
Evening update for EURUSD-05-08-2026
Aug 5, 2026
The EURUSD pair continued its upward move during the latest intraday trading session, reaching the 1.1555 resistance level, which was our target in previous analysis. The pair continues to benefit from positive support as it trades above EMA50, while a short-term bullish corrective wave remains in control. On the other hand, negative signals began to emerge from the relative strength...
Copyright 2023-2026 - www.financetom.com All Rights Reserved