Evening update for crude oil -28-07-2026

Gold rose in its recent intraday trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals from them, affected by breaking bullish corrective trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery in the near upcoming period.

EURUSD price rose in its last intraday trading, with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, attempting to offload some of this oversold conditions to reach the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, threatening the current gains.

Litecoin (LTCUSD) advanced in recent intraday trading as the cryptocurrency attempted to recover part of its recent losses while also working off its pronounced oversold conditions on the momentum indicators, with fresh bullish signals beginning to emerge. Despite this rebound, the technical outlook remains under pressure following the price's break below a short-term ascending trendline. In addition, Litecoin continues to trade below its 50-period Simple Moving Average (SMA), which is acting as dynamic resistance and limiting the prospects for a sustained recovery in the near term.