financetom
Euro-Dollar
financetom
/
Forex
/
Euro-Dollar
/
URUSD attacks key resistance -Analysis-29-04-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
URUSD attacks key resistance -Analysis-29-04-2025
May 25, 2025 7:27 PM

EURUSD price rose in its recent intraday trading, supported by the emergence of the positive signals on the (RSI), amid the dominance of the main bullish trend and its trading alongside a minor trend line on a short- term basis.

On the other hand, the pair hit the resistance of its EMA50, accompanied by attacking 1.1420, this level remained an obstacle against the price in the last period, to move below it in a tight sideways trading range.

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join Economies.com VIP Club

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 -20-05-2026.
Forecast update for EURUSD -20-05-2026.
May 20, 2026
The EURUSD pair continues to stabilize within a series of consecutive losses during its recent intraday trading, remaining anchored around the current support level at 1.1590 in preparation for a possible breakdown. The short-term corrective bearish trend remains dominant, with price movements aligned alongside a steep minor downward trendline supporting this bearish path. Negative pressure continues due to the pair...
Forecast update for EURUSD -22-05-2026.
Forecast update for EURUSD -22-05-2026.
May 22, 2026
The EURUSD pair declined during its recent intraday trading, preparing to break the key support at 1.1590 amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which intensifies the negative pressure on the price, especially with the emergence of the negative signals from...
Euro under pressure on peace talks outlook
Euro under pressure on peace talks outlook
May 22, 2026
The euro declined in European trading on Friday against a basket of global currencies, extending its losses for a second consecutive session against the US dollar and trading near six-week lows, as investors continued favoring the US currency as the preferred alternative safe-haven investment while awaiting further developments in peace talks between the United States and Iran. This week saw...
Forecast update for EURUSD -21-05-2026.
Forecast update for EURUSD -21-05-2026.
May 21, 2026
The EURUSD pair experienced strong volatility during its recent intraday trading, touching the 1.1590 support level, which was our expected target in the morning forecast, providing positive momentum that helped it rebound quickly higher, before pulling back again under continued negative pressure from trading below the EMA50, alongside the emergence of a negative crossover on the relative strength indicators after...
Copyright 2023-2026 - www.financetom.com All Rights Reserved