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Forecast update for EURUSD-14-05-2025
The price of (EURUSD) rose in its recent intraday trading, retesting the critical resistance at 1.1250, this level represents 38.2% Fibonacci correctional levels for a bullish wave on the short-term basis (from 1.0730 to 1.1572), accompanied by hitting the resistance of its EMA50, with its moves alongside a bearish correctional bias, and the beginning of forming negative divergence on the (RSI), and the beginning of negative overlapping signals.
Coffee price forms negative pattern– Forecast today – 14-5-2025
The coffee price confirmed its surrender to the bearish bias domination recently, by forming negative patterns that are represented by consecutive lower highs, and 390.00 level forms a strong resistance, to notice suffering some losses by reaching 366.75.
MoreNatural gas price fluctuates near the initial support– Forecast today – 14-5-2025
Natural gas prices need positive momentum, which forces them to form weak trading by its continuous fluctuation near the initial support at $3.600, to face the moving average 55 as appears in the above image.
MoreThe EURJPY needs to confirm the breach– Forecast today – 14-5-2025
The EURJPY pair recorded extra gains by hitting 165.20 level, but its rebound below the resistance at 164.90 decelerates the chances for resuming the bullish attack.
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