|
Gold Reaches Our Final Downside Target – Analysis – 10-06-2026
Gold extended its losses during recent intraday trading, reaching $4,200 support that represented our expected final downside target within the current bearish trend. This decline reflects continued selling pressure and the dominance of sellers over price action.
The negative technical outlook remains intact as gold continues to trade below its EMA50, which is acting as dynamic resistance and reinforcing the short-term downtrend. Relative strength indicators also continue to generate negative signals, suggesting that selling pressure remains active and reducing the likelihood of a strong rebound in the near term.
EURUSD Continues to Decline Under Bearish Pressure – Analysis – 10-06-2026
The EURUSD pair fell during its latest intraday trading, continuing to move along a short-term bearish trendline, reflecting the ongoing dominance of selling pressure on the pair, while recovery attempts continue to lack sufficient momentum to reverse the current trend.
MoreEvening update for Bitcoin -09-06-2026
Bitcoin (BTCUSD) continued the decline during its recent intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, and the main bearish trend remains dominant on the short-term trading.
MoreEvening update for crude oil -09-06-2026
Crude oil prices fluctuated during recent intraday trading, after reaching the key support at $86.00, which represented expected target in our previous analysis, gaining some positive momentum to recover some previous losses, at the same time the price is attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with emergence of the positive signals from them, amid the continuation of the negative pressure that comes from its trading below EMA50, with its trading alongside minor bearish trend line on the short-term basis.
More