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(BTCUSD) is forming a higher low and paving the way for a recovery- Analysis-08-01-2026

Economies.com
2026-01-08 02:21AM UTC

Bitcoin’s price rose in its last intraday trading, taking advantage of its stability on EMA50’s support, providing bullish momentum that helped it achieve clear gains, after previous bearish wave that looked for rising low to use it as a base to rally higher again.

 

This improvement comes amid the dominance of the main bullish trend on the short-term basis, with the trading alongside supportive trend line, besides forming positive divergence on the relative strength indicators after reaching exaggerated oversold levels compared to the price move, with the emergence of positive overlapping signals that support the chances of continuing the rise in the upcoming period.

 

 

 

Crude oil prices settle with cautious gains amid bearish pressures- Analysis-08-01-2026

Economies.com
2026-01-08 02:16AM UTC

Crude oil settles with limited gains in its recent intraday trading, after offloading the oversold conditions on the relative strength indicators, besides offloading some of its previous trading, in attempt to build temporary consolidation base.

 

There are signals for a decline in the bullish momentum, with the emergence of negative overlapping signals on the relative strength indicators, accompanied by the continuation of the negative pressure due to the trading below EMA50, amid the dominance of the main bearish trend on the short-term basis, keeping the current moves within limited corrective frame.

 

 

Gold price is facing limited decline that paves the way for potential recovery- Analysis-08-01-2026

Economies.com
2026-01-08 02:12AM UTC

Gold declined in its recent intraday trading, leaning on EMA50’s support, in attempt to gain bullish momentum that might help it to recover and resume the rise in the upcoming period.

 

This decline comes amid the continuation of the main bullish trend dominance on the short-term basis, with the trading alongside supportive trend line for this track, beside the emergence of the positive signals from the relative strength indicators after reaching oversold levels, which supports the chances of the positive rebound on the near-term basis.

 

 

EURUSD price is under the dominance of the bearish corrective trend- Analysis-08-01-2026

Economies.com
2026-01-08 02:07AM UTC

The (EURUSD) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the bearish corrective trend on the short-term basis, especially with the trading alongside bearish trend line.

 

This decline was supported by the emergence of the negative signals from the relative strength indicators, after offloading the previous oversold conditions, opening the way for the continuation of the bearish pressure in the near-term basis.