Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

The EURUSD price hits the extended target – Forecast today - 03-02-2025

Economies.com
2025-02-03 04:04AM UTC

The EURUSD price opened today’s trading with strong bearish gap that pushed the price to touch the extended waited target at 1.0220$, affected by Trump decision to impose Tariffs on Canda and Mexico, and mentioning the chances of expanding the Tariffs to reach the European Union countries, to fall under expected negative pressure in the upcoming period, noting that breaking the current areas will push the price to visit 1.0100$ barrier as a next main station.

 

Therefore, we expect to witness more decline in the upcoming sessions, noting that failing to break 1.0220$ will lead the price to start recovery attempts and head to test 1.0325$ initially.

 

The expected trading range for today is between 1.0140$ support and 1.0300$ resistance

 

Trend forecast: Bearish

End of day Ethereum price (ETHUSD) forecast update - 31-01-2025

Economies.com
2025-01-31 16:30PM UTC

Ethereum price (ETHUSD) rallied upwards to surpass our first target at 3310.00$ and reach the second waited target at 3425.50$, and the way seems open to achieve additional gains that reach 3680.00$ on the intraday and short-term basis, noting that the continuation of the bullish wave depends on the price stability above 3222.00$.

End of day gold price forecast update - 31-01-2025

Economies.com
2025-01-31 16:30PM UTC

Gold price rallied upwards to succeed touching our waited target at 2808.20$, and we need to monitor trades according to this level, as its consolidation against the positive attempts will push the price to rebound bearishly and head to test the minor support base at 2790.00$ initially, while breaching it will lead the price to achieve additional gains that reach 2850.00$.

Brent oil price forecast update 31-01-2025

Economies.com
2025-01-31 09:18AM UTC

Brent oil price faces negative pressure to attempt to break 77.05$ level, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the positive scenario active for the upcoming period, reminding you that the main waited target reaches 78.40$, taking into consideration that confirming breaking 77.05$ will put the price under negative pressure that targets 75.66$ initially.

 

The expected trading range for today is between 76.00$ support and 79.00$ resistance.

 

Trend forecast: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1659 (2025-08-20 17:36PM UTC)