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Evening update for Bitcoin (BTCUSD) -08-07-2025

Economies.com
2025-07-08 17:42PM UTC
AI Summary
  • BTCUSD declined in last intraday levels, looking to gain positive momentum with support from EMA50
  • Main bullish trend on short-term basis, trading alongside bias line, positive signals on RSI
  • Predicted rise in BTCUSD with potential for positive momentum and support from technical indicators

The (BTCUSD) declined in the last intraday levels, attempting to gain a positive momentum that might assist it to rise again, leaning on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI).

 

 

 

Evening update for crude oil -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (crude oil) rose in its last intraday trading, amid the dominance of a minor bullish wave on the short-term basis, supported by its trading above its EMA50, this last rise came after its success in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals on them, opening the way for achieving more of the gains.

 

 

Evening update for Gold -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (Gold) declined in its last intraday trading, building hopes for its rise amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, intensifying the negative pressure on it.

 

 

 

Evening update for EURUSD -08-07-2025

Economies.com
2025-07-08 17:42PM UTC

The (EURUSD) settled low in its last intraday trading, after reaching our morning target at 1.1685 support, which helped it to settle on the intraday basis due to the stability of this support, amid the domination of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), after the price success in offloading oversold conditions.