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End of day EURUSD price forecast update - 05-02-2025

Economies.com
2025-02-05 17:51PM UTC

The EURUSD price continues to rise to reach the waited target at 1.0455$, and we need to monitor this level, as breaching it represents the key to extend the bullish wave to reach 1.0600$ areas on the near-term basis, while on the other hand, breaking 1.0390$ will push the price to turn to decline and head to test 1.0325$ initially.

Bonk price settles lower - Forecast today - 05-02-2025

Economies.com
2025-02-05 13:06PM UTC

Bonk’s currency price inched lower in the intraday levels while trading alongside the downward trend line in the short term, with negative pressure due to trading below the 50-day SMA, countered with positive signals from the RSI after reaching oversold levels, thus curbing the losses. 

 

Therefore we expect the price to fall and target the pivotal support of $0.00001506, provided it settles below $0.00002479.

 

Trend forecast for today: Bearish 

Sui price exhausts positive chances - Forecast today - 05-02-2025

Economies.com
2025-02-05 13:06PM UTC

Sui currency price (SUIUSD) fell in the intraday levels amid negative pressure due to trading below the 50-day SMA, with the price leaning on the support of the upward trend line in the short term as an attempt to gather momentum, especially with positive signals from the RSI. 

 

Therefore we expect the price to return higher, targeting the pivotal resistance of $5.3700, provided the support of $3.4873 holds on.

 

Trend forecast for today: Likely Bullish 

WLD price readies to pierce pivotal support - Forecast today - 05-02-2025

Economies.com
2025-02-05 13:05PM UTC

WLD currency price (WLDUSD) fell in the intraday levels, amid the dominance of the main downward trend in the medium term, while trading alongside the secondary short-term trend line, with negative pressure due to trading below the 50-day SMA, as the price readies to pierce the pivotal support of$1.28587183 with negative signals from the RSI despite reaching oversold levels. 

 

Therefore we expect more losses for the price, provided the aforementioned support of $1.28587183 was reliably breached, thus targeting the support of $0.49942978. 

 

Trend forecast for today: Bearish