Evening update for Gold -21-07-2025
AI Summary
- Gold rose strongly in intraday trading, reaching the morning suggested target at the main resistance of $3,400
- The bullish trend continues with positive signals on the RSI, despite overbought levels
- The article provides insights into short-term trading patterns for Gold
The (Gold) rose strongly in its last intraday trading, to reach our morning suggested target at the main resistance of $3,400, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
Evening update for EURUSD -21-07-2025
The (EURUSD) extended its gains in its last intraday levels, to breach the bearish correctional trend line on the short-term basis, accompanied by surpassing the resistance of its EMA50, releasing its negative pressure at once, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels.
Shiba Inu price tries to vent off overbought saturation - Analysis - 21-07-2025
Shiba Inu (SHIBUSDT) edged slightly lower in its latest intraday trading, as the price attempts to gather positive momentum that could help it break through the key resistance level at 0.00001605. At the same time, it is working to relieve its clearly overbought RSI conditions, particularly as bearish signals begin to emerge. Despite this, positive support continues from trading above the 50-day SMA, while the prevailing short-term trend remains bullish with movement along an ascending trendline.
Therefore we expect the price to rise in upcoming intraday sessions, especially if it breaks above the 0.00001605 resistance level, targeting the next resistance at 0.00001765.
Expected trend for upcoming trading: Bullish.
Pepe price driven lower by important resistance - Analysis - 21-07-2025
Pepe (PEPEUSD) declined in its latest intraday trading after being held below the key resistance level at $0.00001430. The price is attempting to gather positive momentum to break through this level, while also working to absorb its clearly overbought RSI conditions, especially with emerging bearish signals. However, bullish pressure persists as the price remains above the 50-day SMA and continues to trade within a short-term uptrend along a supportive ascending trendline.
Therefore we expect the price to rise in upcoming intraday sessions, especially if it breaks through the $0.00001430 resistance level, targeting the next resistance at $0.00001535.
Expected trend for upcoming trading: Bullish.