Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Evening update for gold -02-06-2025

Economies.com
2025-06-02 18:13PM UTC

The (Gold) price extended its gains in its last intraday trading, surpassing the current resistance level at $3,365, supported by its continuous trading above its EMA50, with the emergence of positive signals on the (RSI), despite reaching overbought levels, amid the trading within a minor bullish channel’s range on a short-term basis.

 

 

Evening update for EURUSD -02-06-2025

Economies.com
2025-06-02 18:04PM UTC

The EURUSD price witnessed fluctuated trading on its intraday levels, amid the attempt of breaching the current resistance at 1.1420, under the domination of the bullish trend and its trading alongside a minor bias line on the short-term basis, supported by its trading above its EMA50, on the other hand, we notice the beginning of a negative overlapping signals appearance on the (RSI), after reaching overbought levels, which might decrease the gains.

 

 

Shina Inu price suffers from negative pressures - Analysis - 02-06-2025

Economies.com
2025-06-02 13:09PM UTC

Shiba Inu’s currency price (SHIBUSDT) edged higher in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, and with the dominance of the downward correctional trend in the short term, coupled with negative signals from the Stochastic after reaching overbought levels. 

 

Therefore we expect the price to decline and target the pivotal support of $0.00001225, provided it settles firmly below $0.00001308.

 

Today’s price forecast: Bearish

dogwifhat price shows more negative signs - Analysis - 02-06-2025

Economies.com
2025-06-02 13:06PM UTC

dogwifhat’s currency price (WIFUSD) edged higher in latest intraday trading, amid the dominance of the downward correctional trend in the short term, with negative pressure due to trading below the 50-day SMA, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the price’s movements, sending out negative signals. 

 

Therefore we expect the price to decline and target the support of $0.72028, provided the resistance of $0.92600 holds on.

 

Today’s price forecast: Bearish