The EURUSD declined slightly during its latest intraday trading, in a corrective move to take profits from previous gains, in attempt to gain positive momentum that might support resuming the rise, attempting to offload some of the overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, despite breaching the top level of the positive...

The price of EURUSD declined in its last intraday trading, due to the stability of the key resistance at 1.1650, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, amid the dominance of the main bearish trend on short-term basis, noticing the emergence of the negative signals from the relative strength indicators,...

The EURUSD pair is holding onto strong gains during its latest intraday trading, supported by incoming positive signals from the relative strength indicators. However, the indicator has reached high overbought levels, which may signal a rapid decline in positive momentum. At the same time, the pair is encountering a strong resistance zone, represented by its contact with the EMA50, along...

The EURUSD pair declined during its latest intraday trading, following the gains recorded in yesterdays session as part of attempts to correct the main downward trend. Amid the price moves alongside a minor supportive trendline in the short term. The pair is still facing negative pressure as it continues to trade below EMA50, which limits the chances of a full...