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The EURUSD price resumes the decline – Forecast today - 18-10-2024

Economies.com
2024-10-18 04:12AM UTC

The EURUSD price provided clear negative trades yesterday, as it approached 1.0800$ barrier, waiting for more decline to achieve our main expected target at 1.0780$, supported by the negative pressure formed by the EMA50.

 

Stochastic current positivity might cause some temporary sideways fluctuation before resuming the expected decline, which will remain valid unless breaching 1.0940$ and holding above it.

 

The expected trading range for today is between 1.0760$ support and 1.0910$ resistance

 

Trend forecast: Bearish

Update: Gold price breaches the resistance

Economies.com
2024-10-17 14:34PM UTC

Gold price trades with clear positivity to breach 2685.50$ and close the last four hours’ candlestick above it, to hint heading to turn to rise in the upcoming sessions, paving the way to achieve new gains that start at 2700.00$ and extend to 2720.00$, noting that the bullish bias will remain valid unless breaking 2685.50$ and holding below it again.

Ethereum price (ETHUSD) forecast update - 17-10-2024

Economies.com
2024-10-17 09:12AM UTC

Ethereum price (ETHUSD) continues to fluctuate inside the ascending triangle’s pattern, waiting to breach 2650.00$ to get positive motive that push the price to achieve the next target at 2720.00$, to keep the bullish trend scenario valid and active for today unless breaking 2600.00$ and holding below it.

 

The expected trading range for today is between 2550.00$ support and 2750.00$ resistance

 

Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 17-10-2024

Economies.com
2024-10-17 09:12AM UTC

Bitcoin price (BTCUSD) shows some slight bearish bias, affected by stochastic negativity, while stochastic attempts to gain the positive momentum, waiting to assist to push the price to resume the bullish trend that targets 70000.00$ followed by 70850.00$ levels as next main stations, reminding you that the continuation of the bullish wave depends on the price stability above 65480.00$.

 

The expected trading range for today is between 66000.00$ support and 70000.00$ resistance

 

Trend forecast: Bullish

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1616 (2025-07-16 09:55AM UTC)