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 >
EURUSD extends its gains -Analysis-09-09-2025
EURUSD extends its gains -Analysis-09-09-2025
Sep 8, 2025
The (EURUSD) continued its rise in its last intraday trading, supported by the repeated positive signals on the (RSI), despite reaching overbought levels that might limit the gains, this rise was supported by the stability of the pair above EMA50, providing solid technical base that supports the continuation of the momentum. At the same time the trading remains under the...
Forecast update for EURUSD -10-09-2025.
Forecast update for EURUSD -10-09-2025.
Sep 10, 2025
The price of (EURUSD) declined in its last intraday trading, amid the pairs attempts to gain positive momentum that might help it to recover and rise again, leaning on the support of EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line, besides forming positive divergence on the (RSI), after reaching...
Euro moves in a positive zone before US jobs data
Euro moves in a positive zone before US jobs data
Sep 5, 2025
The euro rose in the European market on Friday against a basket of global currencies, moving into positive territory versus the US dollar, supported by the weaker performance of the greenback in the foreign exchange market, ahead of the release of US monthly jobs data. Consumer price data released this week highlighted persistent inflationary pressures on European Central Bank policymakers,...
Evening update for EURUSD -04-09-2025
Evening update for EURUSD -04-09-2025
Sep 4, 2025
The (EURUSD) declined in its last intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, which formed a dynamic resistance that prevented its recovery in its last trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels. VIP Trading Signals Performance by BestTradingSignal.com(August 2529, 2025) Get high-accuracy trading...
Copyright 2023-2026 - www.financetom.com All Rights Reserved