The EURUSD declined in its recent intraday trading, affected by the continuous negative pressure due to its stability below the EMA50, accompanied with a negative technical formation that completed previously on the short-term basis, which is the rising wedge pattern. Additionally, the emergence of negative overlapping signals on the (RSI), after reaching exaggerated overbought levels compared to the price movement,...

The EURUSD price settled on a slight decline in its recent intraday trading, due to the continuous negative pressure from its trading below EMA50, to keep moving in limited range of tight sideways trading, holding above 1.1310 support, taking advantage from the emergence of the positive signals on the (RSI). This came because of the domination of a bearish correctional...

The EURUSD declined in its recent intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels previously, to surpass the support of its EMA50, which increases the negative pressure on its upcoming trading. The last decline led the price to settle again below 1.1340, which reinforces the negative scenario amid the dominance of the...

The EURUSD settled bearishly in its recent intraday trading, affected by the technical formation negativity, which was formed previously on the short- term basis, represented by the rising wedge pattern, which causes correctional pressures on the price. The continuation of the trading below EMA50, besides the emergence of weakness signals from the (RSI), after offloading some of the exaggerated oversold...