Gold prices prepare to break current support - Analysis-24-04-2026

The EURUSD price declined during its recent intraday trading, reaching the support level at 1.1670, which was identified as a price target in earlier analysis. As this support held firm, the pair gained some positive momentum, allowing it to rebound upward to recover part of its losses.

Bitcoin price surged higher during the latest intraday trading, affected by the stability of the key support level at $77,500, supported by its continued trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, besides forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive crossover.

Crude oil prices is experiencing fluctuating trading on its latest intraday levels, amid its attempts to gain bullish momentum that might help it to breach the current resistance level at $95.00, taking advantage of the dynamic support that is represented by its trading above EMA50, to notice offloading its overbought conditions on the relative strength indicators, reinforcing the chance of its recovery on the near-term basis.