The EURUSD pair traded in a volatile manner during recent sessions, testing the key resistance level at 1.1575, which represents the neckline of a developing bullish double-bottom pattern. The pair is also attempting to overcome the negative pressure from the EMA50, increasing the importance of this area in determining the next direction. Meanwhile, relative strength indicators have started to show...

EURUSD rose in its last intraday trading, amid the dominance of bullish corrective wave on the short-term basis, affected by positive technical formation (double bottom pattern), besides the continuation of the positive pressure that comes from its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels. ...

The (EURUSD) rose during its latest intraday trading, following the stability of the key support level at 1.1575, providing positive momentum that helped the pair to achieve those gains, especially with the beginning of a positive divergence in the relative strength indicators after they reached areas of extreme oversold conditions, with positive signals emergence from them, amidst the continuation of...

The EURUSD pair declined during its latest intraday trading session, as negative signals emerge from the relative strength indicators, with ongoing negative pressure due to its trading below EMA50, reducing the chances of its recovery on the near-term basis, especially with the dominance of the main bearish trend on the short-term basis, and its trading alongside supportive trend line for...