Evening update for EURUSD -02-07-2025
The (EURUSD) rose in its last intraday trading, affected by the stability of the support level at 1.1745, providing some positive momentum with the beginning of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels compared to the price move, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.
KILT price tries to recoup some losses - Analysis - 02-07-2025
KILT’s currency price (KILTUSD) rose in latest intraday trading, as the price attempts to recover part of its previous losses, while also trying to vent off some of its oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure remains due to trading below the 50-period SMA, amid the dominance of the main downward trend in the short term and trading alongside a descending trend line.
Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.02493 holds on, targeting the support level of $0.01130.
Today’s price forecast: Bearish
IOTA price bumps into SMA resistance - Analysos - 02-07-2025
IOTA’s currency price (IOTAUSDT) rose in latest intraday trading, supported by positive signals from the Stochastic after reaching **extremely oversold** levels, as it attempts to vent off that saturation. However, the price was met with resistance at the 50-period SMA, amid the dominance of the main downward trend and trading alongside a short-term descending trend line — which adds to the negative pressure on the price.
Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of 0.1647 holds on, targeting the pivotal support of 0.1393.
Today’s price forecast: Bearish
Enphase Energy price suffers from negative pressures - Forecast today - 02-07-2025
Enphase Energy, Inc.’s stock price (ENPH) inched higher in latest intraday trading, as it attempts to correct the main downward trend while moving alongside a short-term rising trend line, with the price touching the resistance of the 50-day SMA. This comes alongside negative signals streaming from the Stochastic after reaching overbought levels, adding further negative pressure on upcoming movements.
Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $51.63 holds on, targeting the support level of $31.30.
Today’s price forecast: Bearish