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 >
Euro sharpens decline to six-week low on European political risks
Euro sharpens decline to six-week low on European political risks
Jun 14, 2024
Euro fell in European trade on Friday against a basket of major rivals, sharpening losses for the second day against the dollar and giving up $1.07, marking six-week lows and on track for the largest weekly loss since April amid mounting EU political risks. Anti-EU parties won a quarter of seats at the European Parliament in the last elections, up...
The EURUSD price faces solid resistance – Forecast today - 13-06-2024
The EURUSD price faces solid resistance – Forecast today - 13-06-2024
Jun 12, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price's rally stopped at 1.0840$ level that formed solid resistance against the price, to show some bearish bias and approach testing the support base located now at 1.0795$, affected by stochastic negativity, waiting to resume the bullish wave and surpass the first level to open the way to extend the bullish wave towards...
The EURUSD price suffers clear losses – Forecast today - 14-06-2024
The EURUSD price suffers clear losses – Forecast today - 14-06-2024
Jun 13, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday with strong negativity, to settle below 1.0760$ level, which leads the price to continue the decline and head towards achieving negative targets that start by breaking 1.0720$ to open the way to head towards 1.0675$ followed by 1.0600$. The EMA50 forms negative pressure against the price to support the continuation...
Euro Latest – EUR/USD and EUR/GBP Technical Outlooks
Euro Latest – EUR/USD and EUR/GBP Technical Outlooks
Jun 13, 2024
Euro Latest – EUR/USD and EUR/GBP Technical Outlooks EUR/USD pares Wednesday’s gains after a hawkish FOMC meeting.EUR/GBP volatility may rise as political risk increases. Recommended by Nick Cawley Building Confidence in Trading The Euro is giving back some of Wednesday’s US CPI-inspired gains after the US dollar got a bid later in the session after the Fed trimmed US interest...
Copyright 2023-2026 - www.financetom.com All Rights Reserved