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Evening update for EURUSD -21-05-2025

Economies.com
2025-05-21 17:49PM UTC

The EURUSD price continued to rise in its last intraday trading, under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of the negative signals on the (RSI), after reaching overbought levels, providing chances for temporary bearish correctional rebounds.

 

 

On Holding price gathers positive momentum- Forecast today- 21-05-2025

Economies.com
2025-05-21 12:46PM UTC


On Holding's stock price edged lower in latest intraday trading while gathering momentum to rebound and rise anew, as it also vents off overbought saturation in the Stochastic as negative signals start streaming out of it, and amid the dominance of the upward trend in the short term.

 

Therefore we expect the price to rise in upcoming trading as long as the support of $54.70 holds on, targeting the pivotal resistance of $64.00.


Today’s price forecast: Bullish

Broadcom price rises cautiously- Forecast today- 21-05-2025

Economies.com
2025-05-21 12:46PM UTC

 

Broadcom's stock price edged higher in latest intraday trading, boosted by trading above the 50-candle SMA, and with a strong ascending wave in the short term, but countered with negative signals streaming out of the Stochastic after reaching overbought levels.

 

Therefore we expect the price to rise in upcoming trading, as long as the support of $211.20 holds on, targeting the pivotal resistance of $251.09.

 

Today’s price forecast: Bullish

Chevron price suffers from negative pressures- Forecast today- 21-05-2025

Economies.com
2025-05-21 12:45PM UTC

 

Chevron's price skidded in latest intraday trading amid the dominance of the downward trend in the short term, with ongoing negative pressure due to trading below the 50-candle SMA, coupled with negative signals streaming out of the Stochastic after reaching overbought levels.

 

Therefore we expect more losses for the price as long as the resistance of $143.70 holds on, targeting the pivotal support of $132.00.

 

Today’s price forecast: Bearish