financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price needs a negative motive – Forecast today - 24-06-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price needs a negative motive – Forecast today - 24-06-2024
Jun 23, 2024 9:50 PM

EURUSD Price Analysis Expected Scenario The EURUSD price settles near 1.0675$ support line, waiting to break this level to confirm the continuation of the bearish wave on the intraday basis, with its next target located at 1.0600$. Stochastic beings to lose the positive momentum gradually, while the EMA50 forms continuous negative pressure against the price, suggesting a bearish trend for the upcoming period. Breaking above 1.0720$ would push the price to test the most important resistance to the intraday trades at 1.0795$ before any new attempt to decline. Expected Trading Range Between 1.0610$ support and 1.0760$ 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 >
Evening update for EURUSD -12-08-2025
Evening update for EURUSD -12-08-2025
Aug 12, 2025
The (EURUSD) rose in its last intraday trading, due to the stability of the critical support at 1.1610, gaining positive momentum that helped it to achieve these gains, recovering yesterdays losses, amid the dominance of a bullish correctional wave on the short-term basis and its trading above EMA50, besides the emergence of the positive signals on the (RSI). BestTradingSignal.com Professional...
Forecast update for EURUSD -15-08-2025
Forecast update for EURUSD -15-08-2025
Aug 15, 2025
The price of (EURUSD) extended its gains in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and its moves within minor bullish channels range that limits its trading on the intraday levels, besides the emergence of the positive signals on the (RSI), intensifying the positive pressures around the price. BestTradingSignal.com...
Evening update for EURUSD -15-08-2025
Evening update for EURUSD -15-08-2025
Aug 15, 2025
The (EURUSD) deepened its losses in its last intraday trading, affected by the negative pressure due to its trading below EMA50, affected by breaking a minor bullish bias line on the short term, after offloading its clear oversold conditions on the (RSI), opening the way for recording more of the losses. BestTradingSignal.com Professional Trading Signals Get high-accuracy trading signals delivered...
EURUSD expands its gains after offloading the overbought conditions-Analysis-14-08-2025
EURUSD expands its gains after offloading the overbought conditions-Analysis-14-08-2025
Aug 13, 2025
The (EURUSD) rose in its last trading on its intraday levels, after offloading some of the overbought conditions on the (RSI), opening the way for resuming the rise, taking advantage of the continuation of the minor bullish wave dominance on the short-term basis, with its trading alongside a supportive bias line for this track. The pair gets extra support from...
Copyright 2023-2025 - www.financetom.com All Rights Reserved