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EURUSD price recovers-Analysis-03-12-2025

Economies.com
2025-12-03 01:49AM UTC

The (EURUSD) price reinforced its strong gains in its last intraday trading, taking advantage of the solid stability above the key support at 1.1605, supported by the relative strength indicators by sequence positive signals, after forming positive divergence that indicate a clear improvement in buying strength and a market tendency to retest higher levels.

 

The price remains moving within bullish corrective channel’s range on a short-term basis, getting key dynamic support due to its stability above EMA50, these technical data provide extra chance for extending the gains, conditioned by keeping its main support and keeping the current momentum.

 

 

Evening update for Bitcoin (BTCUSD) -02-12-2025

Economies.com
2025-12-02 16:56PM UTC

The (BTCUSD) price extended its strong gains in its last intraday trading, surpassing the resistance of its EMA50, which led it to attack main bearish trend line on the short-term basis, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

 

 

Evening update for crude oil -02-12-2025

Economies.com
2025-12-02 16:53PM UTC

The (crude oil) rose in its last intraday trading, affected by the negative pressure due to its trading below EMA50, reducing the chances of its recovery on the near-term basis, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.

 

 

Evening update for Gold -02-12-2025

Economies.com
2025-12-02 16:50PM UTC

(Gold) witnessed fluctuating trading on the intraday basis, amid its attempts to gain bullish momentum that may help it to attack the stubborn key resistance level at $4,225, amid the continuation of the positive pressure that comes from its trading above EMA50, with the dominance of the bullish trend on the short-term basis, besides forming positive divergence on the relative strength indicators, especially with the emergence of the positive signals.