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 >
ECB holds interest rates unchanged for third straight meeting
ECB holds interest rates unchanged for third straight meeting
Oct 30, 2025
The European Central Bank (ECB) announced its interest rate decision on Thursday, concluding its October 2930 meeting. As widely expected, the bank kept rates unchanged at 2.15% the lowest level since October 2022 marking the third consecutive meeting without a change. Policymakers at the ECB believe that no further rate cuts are necessary to achieve the 2% inflation target, emphasizing...
Evening update for EURUSD -30-10-2025
Evening update for EURUSD -30-10-2025
Oct 30, 2025
The (EURUSD) declined in its last intraday trading, reaching the key support level at 1.1550, which represents our target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis, besides the emergence of the negative signals on the relative...
EURUSD price ends on hopes of a recovery -Analysis-30-10-2025
EURUSD price ends on hopes of a recovery -Analysis-30-10-2025
Oct 29, 2025
The (EURUSD) price rose in its last intraday trading, to recover some of yesterdays losses, however this improvement remains under the dominant negative pressure, so the bearish trend dominates on short-term trading, with the continuation of the trading below EMA50, which reinforces the stability of this bearish track. Accompanied by the emergence of negative signals on the relative strength indicators,...
Forecast update for EURUSD -31-10-2025.
Forecast update for EURUSD -31-10-2025.
Oct 31, 2025
The price of (EURUSD) settled lower with calm trading on its last intraday levels, due to the stability of the critical support at 1.1550, with the beginning of the positive signals on the relative strength indicators, after reaching oversold levels, attempting to offload some of the oversold conditions, amid the continuation of the negative pressure and the dynamic resistance that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved