EURUSD forex analysis for today, Friday(10-05-2024)

EURUSD forex analysis for today, Friday(10-05-2024)

Check Selling Opportunities in EURUSD Now! Price Tests Trendline and Resistance

Analysis EURUSD

ECB Expected to Cut Rates Next Month

Statements from ECB officials show a dovish stance towards a possible interest rate cut next month, noting that economic growth is still limited despite an increase in the early part of the year.

Price Tests Trendline Area

Prices are testing the trendline and resistance area. Selling opportunities can be sought in that trendline and resistance area.

Prediction: WEAK EURUSD


  • R1 1.08342
  • R2 1.07905
  • R3 1.08569
  • R4 1.08809


  • S1 1.07905
  • S2 1.08342
  • S3 1.07694
  • S4 1.07502

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