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Silver Seeks a Fresh Rise After Breaching the Bearish Trend –Analysis – 17-06-2026

Economies.com
2026-06-17 01:22AM UTC

 

Silver rose slightly during its latest intraday trading, which remained volatile as the metal attempts to build additional positive momentum that could help extend its gains in the near term, reflecting a period of consolidation following previous advances, while the price continues to hold above key support levels.

 

The technical outlook remains positive, with trading above EMA50, which provides important dynamic support for price action, benefiting from its earlier breakout above a major short-term downtrend line, alongside positive signals from relative strength indicators after rebounding from oversold territory.

 

 

 

Gold Trades Sideways in Preparation for Resuming Its Upward Trend – Analysis – 17-06-2026

Economies.com
2026-06-17 01:18AM UTC

 

Gold is experiencing mixed intraday trading near its recent levels, taking a breather after the previous gains. The metal is attempting to build fresh positive momentum that could support the continuation of its bullish path in the coming period.

 

The technical outlook remains positive, as the short-term corrective upward wave continues to dominate. Additional dynamic support is provided by trading above the EMA50, while relative strength indicators continue to generate positive signals, strengthening the likelihood of further gains and the targeting of new resistance levels in the near term.

 

 

EURUSD Maintains Bullish Momentum Amid Supportive Technical Signals – Analysis – 17-06-2026

Economies.com
2026-06-17 01:15AM UTC

 

The EURUSD pair rose during its recent intraday trading, benefiting from a breaching a major short-term bearish trend line. This positive technical signal reflects a clear improvement in buying interest and a decline in the selling pressure that dominated the pair’s movement.

 

The pair also continues to benefit from the positive impact of the double-bottom pattern, along with dynamic support by trading above its EMA50. This comes as relative strength indicators continue to deliver positive signals, enhancing the prospects for further gains and targeting higher resistance levels in the near term.

 

 

Evening update for Bitcoin -16-06-2026

Economies.com
2026-06-16 17:00PM UTC

 

 

Bitcoin (BTCUSD) declined during its recent intraday trading, with the emergence of the negative signals from the relative strength indicators, as they reached exaggerated oversold levels compared to the price movement in the near upcoming period, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, which represents a support base that weakens the chances of deepening these losses.