financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
The EURUSD price needs strong negative motive – Forecast today - 28-03-2024
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
The EURUSD price needs strong negative motive – Forecast today - 28-03-2024
Mar 28, 2024 12:20 AM

EURUSD Price Analysis Bearish Scenario The EURUSD price fluctuates with slight negativity. Attempts to move away from the broken neckline of the double top pattern. Falling under negative pressure formed by the EMA50. Supports the continuation of the expected bearish trend on the intraday basis. Targets begin by testing 1.0765$ level. Continue to suggest the bearish trend on the intraday basis. Above-mentioned patterns targets extend to 1.0645$ after surpassing the first target. Breaching 1.0865$ will stop the expected decline and lead the price to turn to rise. Trading Range The expected trading range for today is between 1.0730$ support and 1.0870$ 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 >
Markets Week Ahead: Fed, BoJ Rate Decisions, Nasdaq, Gold, Bitcoin
Markets Week Ahead: Fed, BoJ Rate Decisions, Nasdaq, Gold, Bitcoin
Jun 8, 2024
Markets Week Ahead: Fed, BoJ Rate Decisions, Nasdaq, Gold, Bitcoin Fed and BoJ will keep rates unchanged; commentary is keyNasdaq remains in record high territory despite fading rate expectations.Gold sinking into support, Bitcoin pressing against resistance.For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Building Confidence in Trading A week full of high-impact economic...
The EURUSD price attempts to recover – Forecast today - 11-06-2024
The EURUSD price attempts to recover – Forecast today - 11-06-2024
Jun 10, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price ended yesterday above 1.0760$ level, and begins today with bullish bias to hint the attempt to build intraday bullish wave and recover in the upcoming sessions, to head towards achieving positive targets that we expect to start at 1.0795$ followed by 1.0840$. Therefore, the bullish bias will be suggested for today, noting...
The EURUSD price begins within bearish gap – Forecast today - 10-06-2024
The EURUSD price begins within bearish gap – Forecast today - 10-06-2024
Jun 10, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price opens todays trading with bearish gap to surpass 1.0795$ level and reach 1.0760$, to fall under more expected negative pressure in the upcoming sessions, noting that we suggest targeting 1.0720$ followed by 1.0675$ levels as next negative stations. Therefore, we will continue to suggest the bearish trend for the upcoming period, noting...
Euro under pressure amid mounting EU political risks
Euro under pressure amid mounting EU political risks
Jun 11, 2024
Euro fell in European trade on Tuesday against a basket of major rivals, extending losses for the third straight session against the dollar and almost trespassing the five-week low amid mounting EU political risks. Anti-EU parties are on track to acquire a quarter of seats in the European Parliament in 2024, up from a fifth in 2019. The French governing...
Copyright 2023-2025 - www.financetom.com All Rights Reserved