Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Gold gets ready to attack a significant resistance -Analysis-13-06-2025

Economies.com
2025-06-13 03:05AM UTC

The (Gold) price witnessed a strong rise in its last intraday trading, supported by the bullish correctional trend on the short-term basis, and its move alongside a bullish bias line that reflects the increased positive momentum in its moves.

 

Accompanied by offloading some of the clear overbought conditions on the (RSI), easing the way for more upside moves, especially with the continuation of the trading above its EMA50, which keeps providing dynamic support for the price.

 

 

 

 

EURUSD gathers gains -Analysis-13-06-2025

Economies.com
2025-06-13 02:38AM UTC

The (EURUSD) declined in its last intraday trading, in a correctional move to gather the gains of the previous rises, after the appearance of clear overbought condition on the (RSI), accompanied by the emergence of the negative signals from there, pushing the price to decline.

 

Despite this decline the pair remains within the main bullish trend on the short-term basis, with its stability alongside a bias line, which indicates that the buying strength remains valid, these declines may be a temporary break before resuming the rise, especially with the stability of the near support levels.

 

 

Evening update for Bitcoin (BTCUSD) -12-06-2025

Economies.com
2025-06-12 17:53PM UTC

The (BTCUSD) rose in its last intraday trading, after its lean on the support of its EMA50, providing the required positive momentum to recover, accompanied by forming a positive divergence on the (RSI), after reaching oversold levels, with the emergence of the positive signals, amid the dominance of the main bullish trend on the short-term basis.

 

 

 

 

 

 

 

Evening update for crude oil -12-06-2025

Economies.com
2025-06-12 17:53PM UTC

The (crude oil) witnessed fluctuated trading in its last intraday trading, amid its attempts to breach the resistance level at $66.80, which represents our suggested target for the last rise, amid the continuation of the positive pressure that comes from its trading above its EMA50, and under the dominance of the main bullish trend and its trading alongside a minor and main bias lines that supports this trend, besides the price success in offloading its clear overbought condition on the (RSI), which provides bigger space to achieve more of the gains.