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Evening update for Bitcoin (BTCUSD) -03-07-2025

Economies.com
2025-07-04 03:38AM UTC
AI Summary
  • BTCUSD declined due to stability of resistance level at $110,500
  • Clear overbought conditions on RSI led to negative signals
  • Bullish trend dominant on short-term basis, trading alongside bias line

The (BTCUSD) declined in the intraday levels, due to the stability of the critical resistance level at $110,500, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line.

 

 

Evening update for crude oil -03-07-2025

Economies.com
2025-07-04 03:38AM UTC

The (crude oil) declined in its last intraday trading, attempting to gather a positive momentum that might assist it to rise again, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from them, this comes amid the continuation of the dynamic support that is represented by its trading above EMA50.

 

 

Evening update for Gold -03-07-2025

Economies.com
2025-07-04 03:37AM UTC

The (Gold) rose in its last intraday trading, after its lean on the support of its EMA50, providing some positive momentum that assisted it to bounce higher, amid the dominance of minor bullish wave on the short-term basis, after the price success in offloading its clear overbought condition of the (RSI), opening the way for its recovery.

 

 

Evening update for EURUSD -03-07-2025

Economies.com
2025-07-03 18:01PM UTC

The (EURUSD) declined in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to reach overbought levels, to attempt to gain positive momentum that might assist it to recover and rise again, amid the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive support due to its trading above EMA50.