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EURUSD is surrounded by positive pressure-Analysis-02-06-2025

Economies.com
2025-06-02 02:55AM UTC

The (EURUSD) rose slightly in its last intraday trading, taking advantage of its stability above EMA50, which represents an important dynamic support that might reinforce the strength of the bullish trend on the short-term basis, with the trading alongside a minor bullish trend line, adding more positive momentum for the trading.

 

The (RSI) support this scenario, with the beginning of positive signals appearance on them after reaching oversold levels, which suggests a possibility for the continuation of the bullish wave in the upcoming sessions, unless breaking near critical support levels.

 

Evening update for Bitcoin -30-05-2025

Economies.com
2025-05-30 18:05PM UTC

The (Bitcoin) price declined in its upcoming intraday levels, reaching our morning target at$104,000, because of the continuous negative pressure due to its trading below its EMA50, affected by breaking a main bullish trend line previously, after it succeeded in offloading its oversold conditions on the (RSI), providing a stronger chance for the decline.

 

 

Evening update for crude oil -30-05-2025

Economies.com
2025-05-30 17:56PM UTC

The (crude oil) price witnessed fluctuated trading on its intraday levels, affected by temporary stability of the support level at $60.00, providing some of the positive momentum that assisted it to bounce higher, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, but the price remains under the negative pressure that comes from its trading below EMA50

 

 

 

 

Evening update for Gold -30-05-2025

Economies.com
2025-05-30 17:48PM UTC

The (Gold) price rose in its last intraday trading, affected by the stability of the support level at $3,280, gaining some of the positive momentum that assisted it to achieve these gains, accompanied by the (RSI) reach to oversold levels exaggeratedly compared to the price move, leaning on a minor bullish trend line on the short-term basis, but there is an obstacle might decrease the upcoming gains, which is the trading below EMA50.