Category: Forex News, News
Forecast update for EURUSD -25-09-2026
The EURUSD price rose in its latest intraday trading, benefiting from the emergence of the positive signals from the relative strength indicators, attempting to recover some of its previous losses, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor trend line that supports this path, besides the continued negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the chances of a full recovery on the near-term basis, especially with the relative strength indicators entering exaggerated overbought levels compared to the price move, indicating a quick pullback for the positive momentum.
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