financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price gets a negative signal – Forecast today - 20-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price gets a negative signal – Forecast today - 20-06-2024
Jun 19, 2024 9:49 PM

EURUSD Price Analysis Expected Scenario The EURUSD price traded within a tight range yesterday, affected by the US markets holidays. Stochastic overlaps negatively now, waiting to motivate the price to resume the expected bearish trend for the upcoming period, targeting 1.0675$ followed by 1.0600$ levels as next main stations. The EMA50 keeps supporting the expected decline, which will remain valid conditioned by the price stability below 1.0795$. Expected Trading Range Between 1.0660$ support and 1.0800$ 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 on track for second monthly profit in row
Euro on track for second monthly profit in row
Sep 30, 2025
The euro rose in European trading on Tuesday against a basket of major currencies, extending gains for the third consecutive session against the US dollar, as the recovery from recent lows continued, supported by ongoing weakness in the greenback in the foreign exchange market. The single currency is on track to achieve a second consecutive monthly gain, bolstered by the...
Euro moves in a negative zone on French political developments
Euro moves in a negative zone on French political developments
Oct 6, 2025
The euro fell in European trading on Monday against a basket of global currencies, moving into negative territory versus the US dollar and resuming losses that had paused on Friday. The decline came amid political developments in France, particularly following the appointment of a close ally of President Emmanuel Macron as finance minister in the new French government. With inflationary...
Forecast update for EURUSD -03-10-2025.
Forecast update for EURUSD -03-10-2025.
Oct 3, 2025
The price of (EURUSD) rose in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, reaching the resistance of its EMA50, testing bearish corrective trend line on the short-term basis, intensifying the importance of this area as critical resistance, which will detect the upcoming trend on the near-term basis. VIP Trading Signals Performance...
Forecast update for EURUSD -30-09-2025.
Forecast update for EURUSD -30-09-2025.
Sep 30, 2025
The price of (EURUSD) settled high in its last intraday trading, attempting to get rid of its negative pressure, where it reached bearish correction trend line on the short-term basis, attempting to surpass the resistance of its EMA50, to indicate extending the upcoming gains for the price, with the emergence of the positive signals on the relative strength indicators, after...
Copyright 2023-2026 - www.financetom.com All Rights Reserved