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Gold prices are taking a breather- Analysis-24-02-2026

Economies.com
2026-02-24 01:14AM UTC

Gold price declined during its recent intraday trading in attempt to gather the gains of the previous rise, were it attempts to rebuild bullish momentum that might pave the way for resuming the rise again, this decline comes in organized technical path that represents a natural cooling of momentum following consecutive gains.

 

At the same time, the price is attempting to offload some clear overbought conditions on relative strength indicators, especially with the emergence of negative signals, but the continuation of the trading above EMA50 provides key dynamic support that reinforces the stability and dominance of minor bullish wave on short-term basis, keeping the bullish scenario unless it loses this key support and confirms breaking technical break to turn the selling pressures strongly.

 

 

EURUSD price is approaching from breaking key support- Analysis-24-02-2026

Economies.com
2026-02-24 01:10AM UTC

The (EURUSD) price declined in its last intraday trading, amid the dominance of bearish corrective trend on short-term basis, besides strong negative pressures due to its stability below EMA50, forming active dynamic resistance that prevents near-term recovery attempts, indicating a clear weakness in the buying momentum.

 

The price is getting ready to test 1.1775 key support, to detect its upcoming track, with the emergence of negative signals from relative strength indicators after reaching sharp overbought levels, therefore, breaking this support might open the way for extending the bearish wave.

 

 

Evening update for Bitcoin -23-02-2026

Economies.com
2026-02-23 15:23PM UTC

The (BTCUSD) price settles on limited and cautious gains on its last intraday levels, taking advantage of the positive signals’ emergence from relative strength indicators, after reaching oversold levels, amid the continuation of the dynamic negative pressure that is represented by its trading below EMA50, under the dominance of the main bearish trend on short-term basis.

 

 

 

Evening update for crude oil -23-02-2026

Economies.com
2026-02-23 15:21PM UTC

The (crude oil) price surged higher in its last intraday trading, benefiting from the emergence of positive signals from relative strength indicators, with the continuation of the positive pressure that comes from its trading above EMA50, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path.