The EURUSD price awaits more decline – Forecast today - 25-03-2024
Economies.com
2024-03-25 02:42AM UTC
The EURUSD price fluctuates around 1.0800$ barrier, affected by the previously completed double top pattern to head towards achieving more expected bearish bias in the upcoming sessions, reminding you that the expected targets begin at 1.0765$ and extend to 1.0690$ after breaking the previous level.
The EMA50 forms negative pressure that supports the continuation of the expected bearish trend, which will remain valid unless the price rallied to breach 1.0860$ and hold above it, which will cancel the mentioned negative pattern and lead the price to recover.
The expected trading range for today is between 1.0720$ support and 1.0870$ resistance.
Trend forecast: bearish
Forex and Currency News
Forex
Yen swoons by over 1% after BOJ decision
2024-04-26 18:30PM UTC
Yen tumbled against most major rivals on Friday following the Bank of Japan’s policy ...
Forex
Sterling surges to 16-year peak against yen
2024-04-26 08:11AM UTC
Sterling rose in European trade on Friday against a basket of major rivals, extending gains for the ...
Forex
Dollar tumbles to two-week lows ahead of US growth data
2024-04-25 11:18AM UTC
Dollar fell in European trade on Thursday against a basket of major rivals, resuming losses and ...
Forex Technical Analysis
Forex
End of day EURUSD price forecast update - 26-04-2024
2024-04-26 16:36PM UTC
The EURUSD price is facing strong negative pressure to break 1.0715$ level and attempts to hold ...
Forex
The GBPUSD forecast update 26-04-2024
2024-04-26 10:59AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price shows some slight bearish bias ...
Forex
The EURUSD price forecast update - 26-04-2024
2024-04-26 10:58AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price settles above 1.0715$ level, ...