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Evening update for gold-01-07-2026

Economies.com
2026-07-01 16:42 UTC

 

 

Gold settles with strong gains in its recent intraday trading, supported by the stability of the key psychological support level at $4,000, providing positive momentum that reinforced by bullish signals from the relative strength indicators after they reached deeply oversold levels. Gold is now testing the pivotal resistance level at $4,100, a key resistance that will determine its near-term direction, accompanied by testing the EMA50’s resistance, adding further significance to this resistance zone.

 

 

Evening update for EURUSD-01-07-2026

Economies.com
2026-07-01 16:39 UTC

 

 

The EURUSD pair declined in its latest intraday trading, breaking a short-term bullish corrective trend line, ending hopes of a full recovery in the near term. The pair continues to face negative pressure as it remains below the EMA50, while relative strength indicators continue to generate negative signals, reinforcing the bearish pressure.

 

 

Solana Coin driven lower by pivotal resistance - Analysis - 01-07-2026

Economies.com
2026-07-01 12:02 UTC

Solana (SOLUSD) edged slightly lower in recent intraday trading after encountering firm resistance at the key level of $75.30. The pullback appears to be an attempt to build fresh positive momentum that could support a breakout above this barrier, while also easing some of the pronounced overbought conditions on momentum indicators. Despite the consolidation, a short-term bullish corrective trend remains in control, with the price continuing to move alongside both primary and secondary ascending trendlines that support the current advance. Additional positive support comes from the cryptocurrency's trading above its 50-period Simple Moving Average (SMA), enhancing the likelihood of a successful breakout.

 

Therefore, our outlook remains bullish for the cryptocurrency's upcoming intraday trading sessions, particularly if it succeeds in breaking above the $75.30 resistance level. A confirmed breakout could pave the way for a move toward the next resistance target at $80.00.

 

Today's price forecast: Bullish.

IBM price extends gains - Forecast today - 01-07-2026

Economies.com
2026-07-01 11:58 UTC

International Business Machines Corporation (IBM) moved higher in recent intraday trading, supported by positive signals emerging from momentum indicators after they had previously reached extremely oversold levels. The stock continues to benefit from dynamic support provided by trading above its 50-day Simple Moving Average (SMA), reinforcing the prospects for an extension of the current advance in the near term.

 

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $255.00 remains intact. Under this scenario, the stock is expected to target its first resistance level at $300.00.

 

Today's price forecast: Bullish.