EURUSD expands its gains-Analysis-13-08-2025
AI Summary
- EURUSD continued to rise, breaking through the critical resistance level at 1.1670 with support from a bullish move on a short-term basis and a minor supportive trend line
- The price maintained positive momentum by trading above EMA50 and receiving positive signals from the RSI
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The (EURUSD) kept rising in its last intraday trading, breaching the critical resistance level at 1.1670, supported by bullish move on the short-term basis alongside a minor supportive trend line, and the price kept its positive momentum by its trading above EMA50, with an extra confirmation by the positive signals from the (RSI).
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Evening update for Bitcoin (BTCUSD) -11-08-2025
The (BTCUSD) recovered in its last trading on the intraday levels, due to the stability of the significant support level at $118,000, providing positive push, accompanied by forming positive divergence on the (RSI), after reaching oversold levels exaggeratedly compared to the price movement, amid the continuation of the positive pressure due to its trading above EMA50, and under the main bullish trend and its trading alongside a supportive bias line for this trend.
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Evening update for crude oil -11-08-2025
The (crude oil) price surrendered to the negative pressures on its last intraday levels, declining affected by the critical resistance level at $36.75, amid the dominance of the bearish trend and its trading alongside a minor bias line, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.
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Evening update for Gold -11-08-2025
The (Gold) price witnessed fluctuated moves on its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching the oversold levels, which led to a mixed trading in the precious metal, to look for its upcoming trend.
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