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Evening update for EURUSD -01-08-2025

Economies.com
2025-08-01 17:59PM UTC
AI Summary
  • The EURUSD declined in its last intraday trading session, collecting profits from earlier rises and showing positive strength to overcome negative pressure on the EMA50.
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The (EURUSD) declined in its last intraday trading, in order to collect the profits of its early rises, gathering its positive strength to help it to get rid of the negative pressure on the EMA50, after the strong rise of the pair, supported by the positive signals on the (RSI), after reaching oversold levels, which turns the negative overview to the upside.

 

 

 

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Binance Coin price forms negative technical pattern - Analysis - 01-08-2025

Economies.com
2025-08-01 12:55PM UTC

Binance Coin (BNBUSD) declined in its recent intraday trading, under negative pressure from continued trading below the 50-day simple moving average and the dominance of a short-term corrective downtrend. The recent drop confirmed a breakdown below the neckline of a bearish technical formation—namely, a head and shoulders pattern. This decline is further supported by bearish signals from the Stochastic, despite it reaching extremely oversold territory.

 

Therefore, we expect the price to decline in upcoming intraday sessions, as long as resistance at $815.00 holds, targeting the support level at $707.00 as the projected target of the head and shoulders pattern.

 

Today’s price forecast: Bearish.

 

 

 

 

 

 

Toncoin price faces positive outlook - Analysis - 01-08-2025

Economies.com
2025-08-01 12:55PM UTC

Toncoin (TONUSD) rose in its recent intraday trading, supported by continued movement above the 50-day simple moving average, which acts as dynamic support helping to stabilize the short-term upward trend. The price continues to trade along a supportive ascending trendline. Additionally, a bullish crossover is beginning to appear in the Stochastic, after the asset successfully relieved previous overbought conditions, giving it more room to extend its gains.

 

Therefore, we expect the price to rise in upcoming intraday sessions, as long as support at $3.2640 holds, targeting the key resistance level at $3.6858 in preparation to challenge it.

 

Today’s price forecast: Bullish.

 

 

 

 

 

 

Berkshire price suffers from negative pressures - Forecast today - 01-08-2025

Economies.com
2025-08-01 12:48PM UTC

Berkshire Hathaway Inc. New (BRK.B) stock declined in its recent intraday trading, under the control of a short-term corrective downtrend and trading along a descending trendline that reinforces this direction. The stock continues to face negative pressure from trading below the 50-day simple moving average. Additionally, bearish signals are emerging from the Stochastic after reaching extremely overbought territory.

 

Therefore, we expect the stock to decline in upcoming sessions, as long as resistance at $486.90 holds, targeting the support level at $455.30.

 

Today’s price forecast: Bearish.

 

 

 

 

Frequently asked questions

What is the price of EUR/USD today?

The price of EUR/USD is $1.1563 (2025-08-01 23:35PM UTC)