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Evening update for gold-07-04-2026

Economies.com
2026-04-07 17:04PM UTC

Gold rose in its last intraday trading, as it leans on EMA50’s support, gaining some bullish momentum that helped it to achieve these gains, amid the dominance of bullish corrective wave on short-term basis, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels.

 

 

 

Evening update for EURUSD-07-04-2026

Economies.com
2026-04-07 17:02PM UTC

(EURUSD) prices rose in their last intraday trading, to settle above 1.1550 resistance, amid the dominance of the bullish corrective trend on short-term basis, besides the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive signals from the relative strength indicators, which reinforced the surrounding positive momentum.

 

 

Solana price suffers from negative pressures - Analysis - 07-04-2026

Economies.com
2026-04-07 12:47PM UTC

Solana (SOLUSD) price slid lower in its latest intraday trading, amid continued negative pressure from trading below its 50-day SMA. This reinforces the stability and dominance of the main short-term bearish trend, especially with price moving alongside a supporting minor trendline. However, in contrast to the above, a positive crossover is beginning to emerge in the Stochastic indicator after reaching deeply oversold levels, which may curb the price's losses in the near term.

 

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as it remains below the resistance level at $81.00, targeting the key support level at $76.00.

 

Today’s price forecast: Bearish

Occidental Petroleum price seeks a supportive bottom - Forecast today - 07-04-2026

Economies.com
2026-04-07 12:40PM UTC

Occidental Petroleum Corporation (OXY) stock price stabilized amidst a series of consecutive losses in its latest intraday trading, as the stock attempts to find a bullish bottom to serve as a base that could help it gain the positive momentum necessary to recover. This comes amid the dominance of a main short-term bullish trend, with the stock consistently trading above its 50-day SMA, providing dynamic support that reinforces its upward path. In the background, we note the Stochastic indicator has reached extremely oversold levels that are significantly exaggerated relative to price action, in a clear sign of accumulating positive momentum around the stock.

 

Therefore we expect the stock price to rise during its upcoming trading sessions, as long as support at $60.25 remains intact, targeting the resistance level at $67.45.

 

Today’s price forecast: Bullish