financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
EURUSD is in a truce to catch breath-Analysis-22-07-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EURUSD is in a truce to catch breath-Analysis-22-07-2025
Jul 21, 2025 11:18 PM

The (EURUSD) settled high in its last intraday trading, after breaching bearish correctional trend line on the short-term basis, which represents an early technical sign for a potential turn in the track, accompanied by releasing the negative pressure of the price due to its previous trading below EMA50, which opened the way for catching breath after a strong bullish wave.

This relative stability might provide a preparatory foundation for a new rise, especially with the continuation of the positive signals from the (RSI), if the price manages to keep this positive performance, if the price witnesses a new rise to higher resistance levels in a potential bullish wave frame.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Forecast update for EURUSD -02-07-2025
Forecast update for EURUSD -02-07-2025
Jul 2, 2025
The price of (EURUSD) declined in its recent intraday levels, to look for a rising low to take it as a base that might help it to gain a bullish momentum to recover, with the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and...
Forecast update for EURUSD -26-06-2025
Forecast update for EURUSD -26-06-2025
Jun 26, 2025
The price of (EURUSD) settled high in its recent intraday levels, after reaching our morning target at 1,1745, amid the dominance of the main bullish trend on the short-term basis and its trading alongside bias line, on the other hand, we notice the beginning of the negative signals on the (RSI), after reaching the overbought levels, forming a threshold against...
EURUSD rises stably -Analysis-03-07-2025
EURUSD rises stably -Analysis-03-07-2025
Jul 2, 2025
The (EURUSD) rose in its last intraday trading, taking advantage of the continuation of the main bullish trend dominance on the short-term basis, and its trading alongside supportive bias for the positive move, this rise comes after taking advantage of the bullish momentum that comes from the bullish signals on the (RSI), as it reached oversold levels previously, which suggests...
Evening update for EURUSD -25-06-2025
Evening update for EURUSD -25-06-2025
Jun 25, 2025
The (EURUSD) rose in its last intraday trading, after its success I gathering positive momentum as it succeeded to offload its clear overbought conditions on the (RSI), to confirm breaching the critical resistance level at 1.1600, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line. ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved