The EURUSD price forecast update - 15-04-2024
Economies.com
2024-04-15 09:26AM UTC
EURUSD Price Analysis
Expected Scenario
- The EURUSD pair shows additional positive trades, indicating a potential recovery in the upcoming sessions.
- The positivity is influenced by stochastic indicators.
- Waiting for negative momentum to push the price to resume the bearish wave, with the next target at 1.0525$.
Expected Outcome
The price is expected to resume the bearish trend.
Expected Trading Range
Between the support at 1.0560$ and the resistance at 1.0720$.
Trend Forecast: Bearish
Forex and Currency News
Forex
Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
Forex
Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
Forex
Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...
Forex Technical Analysis
Forex
The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...
Forex
The EURJPY hovers around the barrier – Forecast today – 17-5-2024
2024-05-17 07:10AM UTC
EURJPY Price Analysis Expected Scenario The EURJPY pair took advantage of stochastic ...
Forex
The GBPJPY renews the positive action – Forecast today – 17-5-2024
2024-05-17 07:09AM UTC
GBPJPY Price Analysis Expected Scenario The GBPJPY pair overcame temporary negative ...