EURUSD Forex Analysis for Today, Friday(19-04-2024)

EURUSD Forex Analysis for Today, Friday(19-04-2024)

EURUSD Forex Analysis for Today, Friday(19-04-2024)

Check Selling Opportunities for EURUSD Now! Prices Testing Support

Daily Analysis of EURUSD

ECB More Confident in Cutting Rates

European Central Bank officials have issued many statements pointing towards a rate cut in the near future, at least in June. This has pressured the euro, coupled with the strengthening of the USD as a safe haven currency following Israel’s retaliation against Iran.

Prices Under Pressure, Monitor Support

Prices are under pressure and seen testing the support area. A break below support will open up selling opportunities.

Prediction: WEAK EURUSD


  • R1 1.06187
  • R2 1.05964
  • R3 1.06291
  • R4 1.06394


  • S1 1.05964
  • S2 1.06187
  • S3 1.05846
  • S4 1.05728

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