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Evening update for EURUSD -06-05-2025

Economies.com
2025-05-06 17:16PM UTC

The EURUSD fluctuated on the intraday levels, after its rise in its previous trading, supported by the positive signals on the (RSI), reaching the resistance of the EMA50, accompanied by attacking the resistance level at 1.1340, which forced it to bounce a little.

Evening update for gold -06-05-2025

Economies.com
2025-05-06 17:16PM UTC

The gold price extended its gains in the upcoming intraday levels, surpassing the main resistance level at $3,400, affected by the falling wedge pattern on the short-term basis, under the dominance of the main bullish trend on the short-term basis and its trading alongside the bias line.

 

Solana price tries to gather positive momentum - Forecast today - 06-05-2025

Economies.com
2025-05-06 12:02PM UTC

Solana’s currency price (SOLUSDT) fell in latest intraday trading while trying to gather momentum to rise anew, amid the dominance of the upward correctional wave in the short term, boosted by trading above the 50-day SMA, while the Stochastic reached oversold levels compared to the price’s movements, underpinning the positive scenario.

 

Therefore we expect the price to rise and target the pivotal resistance of $157.00, provided the support of $125.80 holds on.

 

Today’s price forecast: Bullish

 

Monero price undergoes volatile trading - Analysis - 06-05-2025

Economies.com
2025-05-06 12:02PM UTC

Monero’s currency price (XMRUSDT) was volatile in the intraday levels, while attempting to vent off overbought saturation in the Stochastic, as it also tried to gather positive momentum to resume its strong gains, amid the dominance of the main upward trend as the price trades alongside the secondary short-term trend line, with ongoing positive pressure due to trading above the 50-day SMA.

 

Therefore we expect more gains for the price, provided the resistance of $296.00 is breached, targeting the next one at $342.00.

 

Today’s price forecast: Bullish