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 >
Forecast update for EURUSD -28-05-2026.
Forecast update for EURUSD -28-05-2026.
May 28, 2026
The EURUSD pair rose during its recent intraday trading, due to the stability of the key support level at 1.1590, gaining some bullish momentum that helped it recover some previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them, amid the dominance of the...
Forecast update for EURUSD -01-06-2026.
Forecast update for EURUSD -01-06-2026.
Jun 1, 2026
The EURUSD pair is fluctuating in its recent intraday trading, amid the continuation of the stubborn resistance stability at 1.1660, attempting to gain bullish momentum that might help it breach this resistance, and it offloaded its overbought conditions on the relative strength indicators, opening the way for achieving new gains in the upcoming near period, especially with the continuation of...
Euro gives up two-week high on US-Iran negotiations outlook
Euro gives up two-week high on US-Iran negotiations outlook
Jun 1, 2026
The euro weakened in European trading on Monday against a basket of global currencies, pulling back from a two-week high against the US dollar and heading toward its first loss in three sessions, as profit-taking and corrective selling emerged amid a cautious mood across global markets ahead of developments in ongoing peace negotiations between the United States and Iran. Following...
Forecast update for EURUSD -02-06-2026.
Forecast update for EURUSD -02-06-2026.
Jun 2, 2026
The EURUSD pair keeps its previous gains, taking advantage of the dynamic support that is represented by its trading above EMA50, which provides support base that might help it to extend these gains, especially with its trading within minor bullish channels range that limits its pervious trading on the short-term basis, with the emergence of the positive signals from the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved