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Forecast update for EURUSD -15-05-2025
The price of (EURUSD) rose in its recent intraday trading, with the beginning of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of these oversold conditions, trading within a bearish correctional channel on a short-term basis, with the continuation of the negative pressure due to its trading below its EMA50.
The GBPAUD settles above the support– Forecast today – 15-5-2025
The GBPAUD remains affected by the contradiction between the main indicators, which forces it to form mixed sideways trading in the last period, but its repeated stability above 23.6% Fibonacci correction level, which forms an important support at 2.0510 that supports activating the suggested bullish track.
MoreNatural gas price delays the rise– Forecast today – 15-5-2025
Natural gas prices are forced to delay the bullish rally after suffering new negative pressures in today’s trading, by a stochastic decline to the oversold level, which forces it to break the initial support at $3.600 and hold near the next support at $3.440.
MoreThe EURJPY approaches from the initial support– Forecast today – 15-5-2025
The EURJPY pair is affected by the negative pressures, due to its repeated stability below the resistance at 164.90, forming several bearish waves, approaching from the initial support at 163.35 level.
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