Evening update for crude oil -08-04-2026

Gold declined in its last trading on the intraday levels, with the emergence of negative signals from the relative strength indicators, after reaching overbought levels, attempting to offload some of this overbought conditions, to gather its positive strength that might help it to breach the key resistance at $4,800, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of bullish corrective wave on the short-term basis.

(EURUSD) prices declined in their last intraday trading, amid fluctuated moves for gaining bullish momentum that might help it to recover and resume its gains again, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the continuation of the positive support due to its trading above EMA50, under the dominance of the bullish corrective trend on short-term basis.

Ethereum (ETHUSD) maintained strong gains during recent intraday trading, affected by breaching the key resistance level at $2,195. Amid the dominance of the main bullish trend on short-term basis, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of extending the its gains in the upcoming near period, but it finds some obstacles due to its neediness to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals.