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Forecast update for EURUSD -21-05-2025
The price of (EURUSD) declined in its recent intraday trading, gathering the gains of its previous rises, and attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals there, amid the main bullish trend domination on the short-term basis and its trading alongside a bias line.
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The GBPCAD attempts to resume the rise– Forecast today – 21-5-2025
The GBPCAD began proving positive signals by surpassing the 1.8590 level, to activate the inverted double top pattern by achieving some of the gains by hitting 1.8670 level.
MoreNatural gas price recovers its losses– Forecast today – 21-5-2025
Natural gas price succeeded in surpassing the bearish bias domination by its rally above the barrier at $3.340, to notice forming a strong bullish rally, recovering the previously achieved losses due to its stability near $3.750.
MoreThe GBPJPY is without any new– Forecast today – 21-5-2025
The GBPJPY pair remains affected by the contradiction between the main indicators, delaying the bullish rally, to continue providing sideways trading by its stability near 193.00, as the price remains stable above the main support at 191.20, so the bullish suggestion remains valid, to expect renewing the pressure on the obstacle at 194.60 in order to resume the bullish attack, and 195.30 level represents the next main target for the bullish trading.
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