Evening update for Gold -30-10-2025

The (EURUSD) declined in its last intraday trading, breaking the key support level at 1.1550, which confirms the continuation of the negative momentum, especially with the emergence of the positive signals on the relative strength indicators, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis.

The price of (ETHUSD) settled with gains in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chance for the price recovery sustainably on the near-term basis, besides the relative strength indicators reaching exaggerated overbought levels compared to the price move, after offloading its oversold conditions, increasing the negative pressure on its trading in the upcoming period.

Bitcoin (BTCUSD) prices settled higher during their last intraday trading, after its attempt to recover some of its previous losses, at the same time it succeeded in offloading its oversold conditions on the relative strength indicators, to notice reaching exaggerated overbought levels compared to the price move, to indicate a quick decline in the bullish momentum, especially with the negative pressure that comes from its trading below EMA50, affected by its exit from bullish corrective channel’s range that limited its previous trading on the short-term basis.