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EURUSD gets ready to attack its current critical resistance -Analysis-22-05-2025

Economies.com
2025-05-22 03:13 UTC

The (EURUSD) price rose in its last intraday trading, taking advantage of a previous correction process assisted it to gather gains and offload its clear overbought conditions on the (RSI), resuming its bullish track on a short-term basis.

 

This comes amid the continuation of its trading alongside a minor bullish trend line, besides the dynamic support that comes by its stability above its EMA50, which represents reinforcing factors for the chances of extending the bullish wave in the upcoming trading.

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Evening update for Bitcoin -21-05-2025

Economies.com
2025-05-21 18:09 UTC

The Bitcoin price rose in its last intraday trading, settled above the support at $106,000, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, to notice that the price decreased some of its last gains, due to offloading some of its clear overbought level on the (RSI), to open the way towards achieving more of the gains.

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Evening update for crude oil price -21-05-2025

Economies.com
2025-05-21 18:03 UTC

The crude oil price declined in its last intraday trading, affected by the stability of the resistance at $63.50, with the emergence of the negative signals on the (RSI), leaning on the support of its EMA50, accompanied by testing a bullish correctional trend line on the short-term basis, as the last attempt for gaining a positive momentum that might assist it to recover and rise again.

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Evening update for Gold -21-05-2025

Economies.com
2025-05-21 17:55 UTC

The Gold price rose in its last intraday trading, amid its stability above $3,300, supported by its continuous trading above its EMA50, and its trading alongside a minor bullish bias on the short-term basis, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which decelerate the rise of the precious metal temporarily.

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