Evening update for gold -17-03-2026

(EURUSD) prices settle in a rise in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after offloading their overbought conditions, to retest the key resistance level of 1.1530. accompanied by reaching EMA50’s resistance, and testing minor bearish trend line on short-term basis, making this area represents a key resistance that might detect the upcoming near trend.

The price of (ETHUSD) declined in its last intraday trading, due to the stability of the resistance level at $2,370, attempting to look for higher low to take it as a base that might help it to gain the required bullish momentum for its recovery and breaching this resistance, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from the relative strength indicators, with the dominance of the bullish trend on short-term basis.

Brent prices attempts to gain bullish momentum by slight decline on their last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, under the dominance of the main bullish trend on short-term basis, with its trading alongside trend line, besides the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of extending its gains in the upcoming period.