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Evening update for Gold -16-09-2025

Economies.com
2025-09-16 16:49PM UTC
AI Summary
  • Gold price declined due to stability of main resistance level at $3,700
  • Attempting to gather gains from previous rises and gain bullish momentum
  • Clear overbought conditions on relative strength indicators, negative overlapping signals, main bullish trend dominant

The (Gold) price declined in its last intraday levels, due to the stability of the main resistance level at $3,700, attempting to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, at the same time it is attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals from there, amid the dominance of the main bullish trend and its trading along a minor trendline on the short-term basis.

Evening update for EURUSD -16-09-2025

Economies.com
2025-09-16 16:47PM UTC

The (EURUSD) surged sharply in its last intraday trading, after its succeeded in its early trading for today to breach the critical resistance level at 1.1785, supported by its continuous trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading along a trendline, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

Cardano price tries to recoup some losses - Analysis - 16-09-2025

Economies.com
2025-09-16 12:15PM UTC

Cardano (ADAUSD) price advanced in its latest intraday trading, as it attempts to recover part of its prior losses while also working to unwind its clear oversold levels in the Stochastic indicators, with positive signals beginning to appear. On the other hand, bearish pressure persists from trading below its 50-day SMA, while the price had earlier been impacted by the break of a short-term corrective upward trend line, reducing the chances of a near-term recovery.

 

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 0.9028 holds, to then target the key support level of 0.8144.

 

Today’s price forecast: Bearish.

Binance Coin price surrounded with positive pressures - Analysis - 16-09-2025

Economies.com
2025-09-16 12:15PM UTC

Binance Coin (BNBUSD) price held steady with gains in its latest intraday trading, supported by ongoing movement above its 50-day SMA. The short-term main bullish trend remains in control, with trading moving along an upward slope line. The price is preparing to test the important resistance level of 949.50, helped by positive signals in the Stochastic indicators after reaching strongly oversold levels.

 

Therefore, we expect the currency to rise in its upcoming intraday trading, especially if it breaks the mentioned resistance of 949.50, to then target its next resistance at 980.00.

 

Today’s price forecast: Bullish.