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EURUSD is in truce to catch breath-Analysis-07-08-2025

Economies.com
2025-08-07 01:43AM UTC
AI Summary
  • EURUSD declined slightly due to resistance at 1.1670 and overbought conditions on the RSI
  • Price is supported by stability above EMA50 and minor bullish wave dominance, with potential for rise if resistance is breached
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The (EURUSD) declined slightly in its last intraday trading, affected by the stability of the critical resistance at 1.1670, which pushed the price to gather its early gains, besides the attempts to offload the clear overbought conditions on the (RSI), especially with the emergence of negative signs from there.

 

The price keeps its positive support by its stability above EMA50, besides the continuation of the minor bullish wave dominance on a short-term basis, providing new opportunity for resuming the rise if it succeeded in breaching the current resistance.

 

 

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Evening update for Bitcoin (BTCUSD) -06-08-2025

Economies.com
2025-08-06 18:28PM UTC

The (BTCUSD) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), to reach the resistance of EMA50, which might decelerate the upside move, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a supportive bias line for this trend.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Evening update for crude oil -06-08-2025

Economies.com
2025-08-06 18:28PM UTC

The (crude oil) price declined in its last intraday trading, preparing to break the critical support level at $64.85, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of negative overlapping signal on the (RSI), after reaching overbought levels.

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Evening update for Gold -06-08-2025

Economies.com
2025-08-06 18:28PM UTC

The (Gold) price rose in its last intraday trading, to attack the current resistance level at $3,375, amid the dominance of a minor bullish wave on the intraday basis, taking advantage of the dynamic support that comes from its trading above EMA50, to notice that the (RSI) reached oversold levels.

 

 

 

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VIP Trading Signals Performance – July 28 – August 1, 2025

 

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Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1640 (2025-08-08 23:35PM UTC)