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The EURUSD price hits the first extended target – Forecast today - 17-06-2024

Economies.com
2024-06-17 04:18AM UTC

EURUSD Price Analysis

Expected Scenario

  • The EURUSD price finds solid support at the 1.0675$ level, showing some slight bullish bias influenced by stochastic positivity. However, the EMA50 exerts negative pressure, supporting the continuation of the expected bearish trend on the intraday basis, targeting 1.0600$ as the next main station.
  • Therefore, the bearish trend scenario will remain valid for the upcoming period, noting that breaching 1.0795$ will halt the expected decline and lead the price to recover again.

Expected Trading Range

Between support at 1.0630$ and resistance at 1.0760$

Trend Forecast: Bearish

End of day Ethereum price (ETHUSD) forecast update - 14-06-2024

Economies.com
2024-06-14 18:45PM UTC

Ethereum price (ETHUSD) managed to touch our waited target at 3360.31$ and finds solid support there, expecting the continuation of the negative trades to break this level and open the way to achieve more bearish correction that its next target reaches 3132.80$, motivated by stochastic negativity that appears clearly now, taking into consideration that the consolidation of 3360.31$ against the current negative pressure will lead the price to achieve intraday gains and visit 3641.82$ mainly.

End of day Bitcoin price (BTCUSD) forecast update - 14-06-2024

Economies.com
2024-06-14 18:45PM UTC

Bitcoin price (BTCUSD) succeeded to achieve our waited target at 65485.00$ and attempts to break it, reinforcing the chances of extending the bearish wave on the intraday and short-term basis, noting that confirming the break will push the price to target 60330.00$ areas as a next negative station, while breaching 67080.00$ represents initial positive key that will lead the price to start recovery attempts and head towards 68075.00$ followed by 70000.00$ as initial positive stations.

The NZDUSD price forecast update 14-06-2024

Economies.com
2024-06-14 10:57AM UTC

The NZDUSD price achieved initial break to 0.6140$ level and closed the last four hours’ candlestick below it, reinforcing the expectations of continuing the bearish trend for the rest of the day, to head towards visiting 0.6070$ as a next main station, noting that breaching 0.6140$ and holding above it will stop the expected decline and push the price to attempt to build bullish wave on the intraday basis.

 

The expected trading range for today is between 0.6090$ support and 0.6290$ resistance

 

Trend forecast: Bearish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1563 (2025-08-01 23:35PM UTC)