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Forecast update for EURUSD -13-05-2025
The price of (EURUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, and offloading its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from it, despite this rise the price remains stable below the resistance at 1.1150, this level represents 50% Fibonacci correction level for the last bullish wave on the short-term basis (from 1.0730 to 1.1572), which indicates a temporary rise.
The CADJPY exits the negative track– Forecast today – 13-5-2025
The CADJPY took advantage of the positive momentum that came from stochastic, which allows it to breach the resistance of the bearish channel’s resistance at 104.55 level, to begin forming strong bullish waves, achieving clear gains by reaching 106.25.
MoreNatural gas price without any news– Forecast today – 13-5-2025
No news for Natural gas price until this moment, to keep forming sideways trading, keeping its stability above the moving average 55 near $3.610, increasing the chances for activating the bullish attack again.
MoreThe EURJPY hits the resistance – Forecast today – 13-5-2025
The EURJPY pair ended its last bullish trading by facing resistance at 164.90, forming the main target for the previous reports, forming a quick negative rebound by its stability near 164.25.
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