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EURUSD price is retesting a key resistance -Analysis-07-11-2025

Economies.com
2025-11-07 02:31AM UTC

The (EURUSD) price declined in its last trading on the intraday basis, after retesting key resistance at 1.1550, after series of continued gains that helped the price to correct part of the main bearish trend on the short-term basis, supported by its moves alongside bullish trend line.

 

Despite this relative recovery, the negative pressure remains valid due to the continuation of the trading below EMA50, besides the relative strength indicators reaching overbought levels, which increases the likelihood of selling pressure return unless the price provides clear breach above the mentioned resistance.

 

 

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Evening update for Bitcoin (BTCUSD) -06-11-2025

Economies.com
2025-11-06 16:31PM UTC

The (BTCUSD) price continued the decline in its recent intraday trading, amid the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the main bearish trend and its trading alongside minor trend line on the short-term basis, besides the emergence of the negative signals on the relative strength indicators.

 

 

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Evening update for crude oil -06-11-2025

Economies.com
2025-11-06 16:29PM UTC

The (crude oil) slipped lower on its last intraday trading, to break the key support at $59.80, amid the continuation of the negative pressure due to its trading below its EMA50, with the emergence of negative overlapping signals on the relative strength indicators, after its previous trading in offloading its oversold conditions.

 

 

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Evening update for Gold -06-11-2025

Economies.com
2025-11-06 16:26PM UTC

The (Gold) price declined in its last intraday trading, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to offload some of the overbought conditions, to lean on the support of its EMA50, attempting to gain bullish momentum that might help it to rise again.

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