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 >
Forecast update for EURUSD -12-11-2025.
Forecast update for EURUSD -12-11-2025.
Nov 12, 2025
The price of (EURUSD) declined in its last intraday trading, affected by the stability of the key resistance at 1.1595, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to breach this resistance amid the continuation of the dynamic support that is represented by...
Forecast update for EURUSD -13-11-2025.
Forecast update for EURUSD -13-11-2025.
Nov 13, 2025
The price of (EURUSD) surged higher in its last intraday trading, breaching the key resistance at 1.1595, supported by its trading alongside bullish corrective trend on the short-term basis, with its continued trading above EMA50, reinforcing the chances of targeting new resistance on the near-term basis, this rise comes despite the emergence of negative signals on the relative strength indicators,...
Evening update for EURUSD -13-11-2025
Evening update for EURUSD -13-11-2025
Nov 13, 2025
The (EURUSD) extended its gains in its last intraday trading, amid the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels, and under the dominance of bullish corrective wave on the short-term basis and its trading alongside trendline. ...
Evening update for EURUSD -14-11-2025
Evening update for EURUSD -14-11-2025
Nov 14, 2025
The (EURUSD) declined in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels previously, to notice reaching exaggerated oversold levels compared to the price move, indicating a quick fading to the negative momentum, where it attempts to gain bullish momentum that might help it to recover and rise again,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved