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EURUSD attempts to offload its oversold conditions -Analysis-09-07-2025

Economies.com
2025-07-09 03:13AM UTC
AI Summary
  • EURUSD is experiencing bearish correctional trend domination on a short-term basis
  • Price is under clear negative pressure due to trading below EMA50 and negative signals on RSI
  • Offloading of oversold levels in previous periods may lead to more correctional moves

The (EURUSD) declined slightly in its last intraday trading, with the continuation of the bearish correctional trend domination on the short-term basis, the price is under clear negative pressure due to its trading below EMA50, indicating the bullish momentum currently.

 

The negative signals on the (RSI) assisted in reinforcing the selling pressures, after the price success in offloading the clear oversold levels in the previous periods, opening the way for more correctional moves.

 

 

 

Evening update for Bitcoin (BTCUSD) -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (BTCUSD) declined in the last intraday levels, attempting to gain a positive momentum that might assist it to rise again, leaning on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI).

 

 

 

Evening update for crude oil -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (crude oil) rose in its last intraday trading, amid the dominance of a minor bullish wave on the short-term basis, supported by its trading above its EMA50, this last rise came after its success in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals on them, opening the way for achieving more of the gains.

 

 

Evening update for Gold -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (Gold) declined in its last intraday trading, building hopes for its rise amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, intensifying the negative pressure on it.

 

 

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1719 (2025-07-09 08:45AM UTC)