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Bitcoin (BTCUSD) attempts to breach the current resistance -Analysis-21-07-2025

Economies.com
2025-07-21 03:09AM UTC
AI Summary
  • Bitcoin (BTCUSD) rose in last intraday trading, supported by critical support at $116,500
  • Positive trading momentum with bullish trend dominance on short-term basis
  • Technical pressures from stability below EMA50 hindering quick recovery and targeting higher resistance levels

The price of Bitcoin (BTCUSD) rose in its last intraday trading, supported by the stability of the critical support at $116,500, providing bullish momentum that assisted it to achieve limited gains, this positive trading amid the main bullish trend dominance on the short-term basis, with the continuation of its trading alongside a supportive bias line, besides the beginning of forming a positive overlapping signals on the (RSI), reinforcing the chances for the continuation of the rise on the near-term basis.

 

Despite these bullish signals, the price remains facing technical pressures that come from its stability below EMA50, forming an obstacle against the quick recovery attempts, and weakens the ability to target higher resistance levels without breaching this level.

 

Crude oil prices are between hummer and anvil -Analysis-21-07-2025

Economies.com
2025-07-21 03:09AM UTC

The (crude oil) settled low in its last intraday trading, affected by the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), which indicates the weakness of the current momentum.

 

The (RSI) indicators entering to the oversold levels might indicate the possibility of forming positive divergence, which might provide temporary positive momentum that supports the recovery attempts, especially with the continuation of the main bullish trend dominance of the medium-term basis and its move alongside a supportive bias line.

 

 

 

Gold price is getting ready to attack stubborn and critical resistance -Analysis-21-07-2025

Economies.com
2025-07-21 03:08AM UTC

 

 

The (Gold) price settled with gains in its last intraday trading, taking advantage of the continuation of the trading above EMA50, which provides dynamic support that reinforces the positive track, and the dominance of the bullish trend on the short-term basis remains valid, with the price move alongside a minor bullish bias.

 

This last rise came after offloading some of the clear overbought conditions on the (RSI), providing extra momentum for the continuation of the rise, preparing to attack the stubborn key resistance at $3,365, which represents a significant technical obstacle against the continuation of the gain.

 

 

EURUSD is under negative pressure -Analysis-21-07-2025

Economies.com
2025-07-21 03:08AM UTC

The (EURUSD) declined in its last intraday trading, to keep moving within a bearish correctional trend that dominates the short-term basis, amid its trading alongside a bearish bias line that indicates the continuation of the negative technical pressures on the pair.

 

This pressure is reinforced by the continuation of the trading below EMA50, indicating the weakness of the bullish momentum currently, besides the emergence of the negative signals on the (RSI), which confirm the possibility for the continuation of the decline in the upcoming trading, unless the buyers show a strong support near significant technical support levels.