Evening update for gold-30-03-2026

(EURUSD) prices continued to decline in their last intraday trading, reaching support level of 1.1445, which represented our expected target in our morning analysis, amid the dominance of the short-term main bearish trend, with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

Cardano (ADAUSD) price continued to rise during its latest intraday trading, as the price attempts to correct the main downward trend, moving along a short-term minor upward trend line that supports this move. However, negative pressure persists as the price remains below its 50-day simple moving average, limiting the chances of a sustained recovery in the near term. Meanwhile, the Relative Strength Index has reached heavily overbought levels, in an exaggerated manner compared to price action, signaling a rapid weakening in positive momentum.

Ethereum (ETHUSD) extended its gains during recent intraday trading, reaching the resistance of EMA50, supported by positive signals from the relative strength indicator, However, it entered heavily overbought territory, excessively compared to price action, raising the risk of a bearish reversal.