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Evening update for EURUSD -29-09-2025

Economies.com
2025-09-29 16:32PM UTC
AI Summary
  • EURUSD experienced fluctuated trading after hitting resistance at EMA50, with bearish correction wave on short-term basis
  • Critical resistance level at 1.1730 and negative divergence on relative strength indicators noted
  • BestTradingSignal.com offers high-accuracy trading signals for US stocks, crypto, forex, and VIP signals for various markets starting from €44/month

The (EURUSD) witnessed fluctuated trading in its last intraday levels, after its rise to hit the resistance of its EMA50, which forced it to bounce lower, amid the dominance of bearish correction wave on the short-term basis, and the stability of the critical resistance level at 1.1730, besides forming a negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared by the price movement, with the emergence of the negative signals.

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Coinbase price tries to recoup some losses - Forecast today - 29-09-2025

Economies.com
2025-09-29 13:08PM UTC

Coinbase Global (COIN) rose in its latest intraday trading, attempting to recover part of its previous losses. However, the short-term corrective downtrend remains intact after breaking a minor ascending trendline, with ongoing negative pressure from trading below the 50-day SMA. Additional downside risks are reinforced by bearish signals from the RSI after previously reaching extreme overbought levels.

 

Therefore, we expect the stock to decline in upcoming trading, as long as resistance at 337.60 holds, targeting the key support level at 293.30.

 

Today’s price forecast: Bearish.

Uber price strives to pierce stubborn resistance - Forecast today - 29-05-2025

Economies.com
2025-09-29 13:08PM UTC

Uber Technologies (UBER) rose in its latest intraday trading, attempting to break through the key resistance level of 97.70. The move is supported by continued trading above its 50-day SMA, reinforcing the short-term uptrend with movement along a supportive trendline. However, RSI readings have reached overbought levels, flashing early negative signals that could limit further gains.

 

Therefore, we expect the stock to rise in upcoming trading, especially if resistance at 97.70 is confirmed as broken, targeting the next resistance level at 104.85.

 

Today’s price forecast: Bullish.

Airbnb price rises through negative pressures - Forecast today - 29-09-2025

Economies.com
2025-09-29 13:07PM UTC

Airbnb (ABNB) advanced slightly in its latest intraday trading, while the medium-term downtrend remains dominant with movement along a short-term descending trendline. Negative pressure continues as the stock trades below its 50-day SMA, further weighed down by bearish signals from the RSI after reaching highly overbought levels.

 

Therefore, we expect the stock to decline in upcoming trading, as long as resistance at 126.90 holds, targeting the key support level at 117.30.

 

Today’s price forecast: Bearish.