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Crude oil prices get some support- Analysis-21-01-2026

Economies.com
2026-01-21 02:37AM UTC

 

Crude oil prices rose slightly in the last intraday trading, after its previous decline due to the stability of $60.50 resistance, which was expected target in our previous analysis. The price attempts to gain bullish momentum that might help it to breach this resistance, accompanied by its attempt to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there.

 

This decline pushed the price to lean on its EMA50’s support, gaining bullish momentum that helped it to achieve these limited intraday gains, amid the continuation of the bullish trend dominance on short-term basis, with its trading alongside supportive trend line for this trend.

 

 

Gold price continues to reach new all-time highs- Analysis-21-01-2026

Economies.com
2026-01-21 02:32AM UTC

Gold surges sharply in its last intraday trading, to breach the main resistance at $4,800 for the first time ever, which was an expected target in our previous analysis, this strong performance comes amid full dominance for the main bullish trend on a short-term basis, supported by the trading alongside supportive main and minor trend lines for this trend.

 

The positive pressure continues due to the trading above EMA50, besides the emergence of positive signals from relative strength indicators, despite reaching overbought levels, indicating the strength of the current momentum, while keeping an eye on any potential signs of slowdown.

EURUSD price is attempting to offload its overbought conditions- Analysis-21-01-2026

Economies.com
2026-01-21 02:27AM UTC

The (EURUSD) price witnessed  clear fluctuating moves in its last intraday trading after reaching 1.1755 resistance, which represents expected target in our previous analysis, attempting to gather bullish momentum that might help it to breach this resistance, accompanied by its attempts to offload its overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, opening the way for resuming its strong gains.

 

On the other hand, the price is leaning on key dynamic support that is represented by its trading above EMA50, affected positively by its exit from bearish corrective channel’s range on a short-term basis.

 

 

 

Evening update for Bitcoin -20-01-2026

Economies.com
2026-01-20 16:37PM UTC

The (BTCUSD) price kept declining in its last intraday trading, reaching $90,000 support level, which represents our expected target in our previous analysis, affected by breaking main bullish trend line on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals from relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses.