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EURUSD price is rising, affected by key support-Analysis-08-12-2025

Economies.com
2025-12-08 02:22AM UTC

The (EURUSD) price rose in its last intraday trading, taking advantage of its lean on the key support at 1.1630, gaining bullish momentum that helped to return its bullish momentum, amid the dominance of bullish corrective wave on the short-term basis, and its trading alongside supportive trendline for this trend.

 

This rise is supported by its trading above EMA50, accompanied by the positive signals on the relative strength indicators after forming positive divergence, after reaching exaggerated oversold levels compared by the price move, reinforcing the chances of the recovery in the upcoming period.

 

 

Evening update for Bitcoin (BTCUSD) -05-12-2025

Economies.com
2025-12-05 16:43PM UTC

The (BTCUSD) price slipped lower in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, surpassing the support of EMA50, ending any opportunity for its recovery in the upcoming period.

 

 

Evening update for crude oil -05-12-2025

Economies.com
2025-12-05 16:39PM UTC

The (crude oil) reduced its recent gains, amid its attempts to breach the solid resistance at $59.80, supported by its continuous trading above its EMA50, with its trading alongside minor bullish trendline on the short-term basis, besides the emergence of positive overlapping signals on the relative strength indicators.

 

 

Evening update for Gold -05-12-2025

Economies.com
2025-12-05 16:36PM UTC

(Gold) declined in its last intraday trading, affected by the stability of the key resistance at $4,245, attempting to gain bullish momentum that might help it to breach the stubborn resistance, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the dominance of the main bullish trend on the short-term basis.