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Evening update for Bitcoin (BTCUSD) -11-07-2025

Economies.com
2025-07-11 17:56PM UTC
AI Summary
  • BTCUSD declined due to resistance at $118,000, offloading overbought conditions on RSI
  • Positive strength may assist in rising again, with main bullish trend on short-term basis
  • Negative signals from RSI emerged, but positive momentum still present

The (BTCUSD) declined in the last intraday levels, due to the stability of the resistance level at $118,000 that represents our morning suggested target, gathering the gains of its last rises, to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from it, gathering its positive strength that might assist it to rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

 

 

 

Evening update for crude oil -11-07-2025

Economies.com
2025-07-11 17:55PM UTC

The (crude oil) rose in its last intraday trading, getting ready to attack the key resistance level at $68.00, amid the continuation of the main bullish trend dominance on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of the positive signals on the (RSI), after reaching oversold levels.

 

 

 

Evening update for Gold -11-07-2025

Economies.com
2025-07-11 17:55PM UTC

The (Gold) extended its gains in its last intraday trading, to reach our morning target at $3,365 resistance , amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.

 

 

Evening update for EURUSD -11-07-2025

Economies.com
2025-07-11 17:55PM UTC

The (EURUSD) settled low in its last intraday trading, affected by the stability of the key support at 1.1685, which assisted it to settle on the intraday basis, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, amid the continuation of the bearish correctional trend on the short-term basis and its trading alongside a bias line.