financetom
Technology
financetom
/
Technology
/
EURUSD attempts to gain positive momentum-Analysis-05-08-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
EURUSD attempts to gain positive momentum-Analysis-05-08-2025
Aug 4, 2025 8:57 PM

The (EURUSD) fluctuated in its last intraday levels, affected by the stability of the strong resistance at 1.1575 level, besides the continuation of the negative pressure due to its stability below EMA50, indicating the continuation of the fluctuation and the dominance selling pressures on the trading.

The price attempts to take advantage of dominant minor bullish wave on the intraday basis, to catch its breath and collect the required bullish momentum to breach the mentioned resistance, accompanied by its attempts to offload the clear overbought conditions on the (RSI), especially with the emergence of negative signals, which makes the upcoming trading depend on the price reaction near the critical range.

BestTradingSignal.com Professional Trading Signals Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the worlds top markets:

US Stock Signals from 44/month

Subscribe via Telegram Crypto Signals from 49/month

Subscribe via Telegram Forex Signals from 49/month

Subscribe via Telegram VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from 179/month

Subscribe via Telegram VIP Trading Signals Performance July 28 August 1, 2025 To view the full performance report for this week, visit the following link:

View Full Performance Report

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved