Evening update for EURUSD -09-07-2025
AI Summary
- EURUSD rose in last intraday trading, showing positive signals on RSI after reaching oversold levels
- The currency pair attempted to offload some oversold conditions and reached resistance of its EMA50
- Despite dominance of bearish correctional trend on short-term basis, EURUSD traded alongside a bias line
The (EURUSD) rose in its last intraday trading, with the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of the oversold conditions, reaching the resistance of its EMA50, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.
ZCash price exposed to negative pressure - Analysis - 09-07-2025
Zcash’s currency price (ZECUSD) declined in latest intraday trading after hitting the resistance of the 50-period SMA, with negative signals starting to stream from the Stochastic after reaching extremely overbought levels. The price is now attempting to gather positive momentum that may help it overcome this negative pressure and vent off some of the apparent overbought saturation, amid the dominance of the short-term upward correctional trend and trading alongside a rising trend line.
Therefore we expect the currency to rise in upcoming intraday trading, but only if it first breaches the resistance level of $46.22 — a move that would confirm relief from current downside pressure and open the door to target the pivotal resistance of $56.88.
Today’s price forecast: Bullish
Flow price attacks pivotal resistance - Analysis - 09-07-2025
Flow’s currency price (FLOWUSDT) rose in latest intraday trading, attacking the pivotal resistance level of 0.346 amid the dominance of the short-term upward correctional trend. The price is supported by dynamic strength from trading above the 50-period SMA, along with positive signals streaming from the Stochastic, despite it reaching extremely overbought levels.
Therefore we expect the currency to rise in upcoming intraday trading, especially if it breaches the mentioned resistance of 0.346, targeting the next resistance level at 0.366.
Today’s price forecast: Bullish
Zoom price suffers from negative pressures - Forecast today - 09-07-2025
Zoom Video Communications’ stock price (ZM) inched higher in latest intraday trading, amid the dominance of the short-term downward trend and trading alongside a descending trend line, with ongoing negative pressure from trading below the 50-day SMA. Additionally, we notice negative signals starting to stream from the Stochastic after reaching extremely overbought levels.
Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $79.45 holds on, targeting the support level of $72.90.
Today’s price forecast: Bearish