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Gold looks for a clear trend -Analysis-11-06-2025

Economies.com
2025-06-11 03:14AM UTC

The (Gold) price rose in its last intraday trading, with a limited range of bullish trading, forming a flag pattern that is considered as a negative technical pattern, after the price affection by surpassing bullish channel’s range, indicating the possibility of the selling pressure continuation.

 

Accompanied by the continuation of the negative pressure that comes from its trading below its EMA50, besides the emergence of the negative signals on the (RSI), which formed a negative divergence, reinforcing the possibilities of the bearish wave’s extension.

 

 

EURUSD witnesses fluctuated trading -Analysis-11-06-2025

Economies.com
2025-06-11 02:48AM UTC

The (EURUSD) declined in its last intraday trading, due to the stability of the significant resistance level at 1.1440, attempting to gain a positive momentum that might assist it to breach the critical resistance, at the same time the pair attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signal’s appearance.

 

This performance comes amid the continuation of the bullish correctional trend on the short-term basis and its trading alongside a bias line, and the dynamic support remains valid due to its trading above its EMA50, reinforcing the chances for the price’s attempts to rise again.

 

Evening update for Bitcoin (BTCUSD) -10-06-2025

Economies.com
2025-06-10 17:28PM UTC

The (BTCUSD) declined in its last intraday trading, amid its attempts to gain a positive momentum that might assist it to recover and rise again, attempting to offload some of its clear overbought conditions on the (RSI), with the emergence of the negative signals, with its trading alongside a minor bullish bias line on the short-term basis, indicating the strength of this trend.

 

 

Evening update for crude oil -10-06-2025

Economies.com
2025-06-10 17:28PM UTC

The (crude oil) witnessed fluctuated trading in its last intraday trading, amid its attempts to breach the critical resistance level at $64.75, supported by its continuous trading above its EMA50, under the dominance of the main bullish trend and its trading alongside a bias line, on the other hand, we notice the beginning of the negative signals on the (RSI), after reaching overbought levels, which led to this fluctuation in the price due to its neediness to offload some of the overbought conditions.