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EURUSD shows mixed signs -Analysis-05-09-2025

Economies.com
2025-09-05 01:37AM UTC
AI Summary
  • EURUSD rose in last intraday trading, supported by positive signs from RSI and attempting to break critical resistance at 1.1660
  • Price remains in sideways range on short-term basis, breaching resistance could lead to new bullish wave
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets starting from €44/month

The (EURUSD) rose in its last intraday trading, supported by positive signs from the (RSI) after reaching oversold levels, providing bullish momentum supported it to test the critical resistance at 1.1660, accompanied by hitting the EMA50, as a sign for its attempt to get rid of the negative pressure.

 

Despite this intraday recovery, the price remains moving in sideways range on the short-term basis, looking for clearer trend for the upcoming period, breaching the current resistance might open the way for a new bullish wave, while the failure in breaching it might turn the selling pressure back again.

 

 

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Evening update for Bitcoin (BTCUSD) -04-09-2025

Economies.com
2025-09-04 16:48PM UTC

The (BTCUSD) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), surpassing the support of its EMA50, putting it under intensified negative pressure that ends the chances of the price recovery on the intraday basis, amid the dominance of the main bearish trend on the short-term basis.

 

 

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Evening update for crude oil -04-09-2025

Economies.com
2025-09-04 17:13PM UTC

The (crude oil) rose strongly in its last intraday trading, due to the stability of the of the support level of $62.85, providing some bullish momentum to attempt to recover some of its previous losses, attempting to offload some of its clear oversold level on the (RSI), especially with the emergence of the positive signals from there, affected by breaking bullish correctional trend line previously on the short-term basis. 

 

 

 

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Evening update for Gold -04-09-2025

Economies.com
2025-09-04 17:13PM UTC

The (Gold) price extended its gains in its last intraday trading, forming positive divergence on the (RSI), after reaching oversold levels, exaggeratedly compared by the price move, with the emergence of the main bullish trend line and its trading alongside bias line on the short-term basis, which supports achieving more gains.

 

 

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