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EURUSD is rising by the effect of critical support-Analysis-30-07-2025

Economies.com
2025-07-30 03:23AM UTC
AI Summary
  • EURUSD rose due to stability of critical support at 1.1555 and positive signals on RSI
  • Negative pressure remains as trading continues below EMA50, limiting chances of strong recovery
  • BestTradingSignal.com offers high-accuracy trading signals for various markets with subscription options starting at €44/month

The (EURUSD) rose in its last intraday trading, taking advantage of the stability of the critical support level at 1.1555, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, which prevented the price from recovering its previous losses, despite its affection by breaking a main bullish trend line on the short-term basis.

 

The negative pressure remains valid due to the continuation of its trading below EMA50, forming an extra load that might limit the chances of a strong recovery in the near-term basis, any potential rise needs confirmation for breaching significant resistance levels.

 

 

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Evening update for Bitcoin (BTCUSD) -29-07-2025

Economies.com
2025-07-29 18:07PM UTC

The (BTCUSD) price declined in its last intraday trading, in attempt to gain a positive momentum that might assist it to recover and rise again, to lean on the support of its EMA50, this comes amid the price affection by positive technical formation on the short-term basis, which is represented by the falling wedge’s pattern, supporting the stability of the positive track for the price on the near-term basis.

 

 

 

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Evening update for crude oil -29-07-2025

Economies.com
2025-07-29 18:07PM UTC

The (crude oil) expanded its gains in its last intraday trading, affected by breaching the resistance level at $66.55, with the continuation of the dynamic and positive support that is represented by its trading above EMA59, the price is also affected by breaching a minor bearish trend line on the short-term basis, with the emergence of the positive signals on the (RSI), despite its stability in overbought levels.

 

 

 

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Evening update for Gold -29-07-2025

Economies.com
2025-07-29 18:07PM UTC

The (Gold) witnessed fluctuated trading on its last intraday levels, affected by the negative pressure that comes from its trading below EMA50, affected by surpassing bullish channel’s range that limited its previous trading on the short-term basis, on the other hand, the price gets some positive momentum from the stability of the current support at $3,310, with the emergence of the positive signals on the (RSI), which led it to create a confusing trading area on the intraday basis.

 

 

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Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1563 (2025-08-01 23:35PM UTC)