Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Evening update for Bitcoin (BTCUSD) -17-07-2025

Economies.com
2025-07-17 17:48PM UTC
AI Summary
  • Bitcoin (BTCUSD) experienced fluctuated trading with attempts to gain positive momentum
  • Positive pressure from trading above EMA50 and main bullish trend on short-term basis
  • Positive overlapping signals on RSI indicating potential recovery and rise in price

The (BTCUSD) witnessed fluctuated trading in the last intraday levels, amid its attempts to gain a positive momentum that might assist it to recover and rise again, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, noticing the beginning of positive overlapping signals on the (RSI), after the price success in offloading its overbought condition.

 

 

Evening update for crude oil -17-07-2025

Economies.com
2025-07-17 17:48PM UTC

The (crude oil) rose in its last intraday trading, reaching the resistance of EMA50, accompanied by retesting the bullish trend line on the short-term basis, amid the emergence of the negative signals on the (RSI), after reaching overbought levels.

 

 

Evening update for Gold -17-07-2025

Economies.com
2025-07-17 17:48PM UTC

The (Gold) rose in its last intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted in achieving the strong gains, to surpass the resistance of EMA50, surpassing its negative pressure, with the beginning of positive overlapping signals on the (RSI) after reaching oversold levels.

 

 

Evening update for EURUSD -17-07-2025

Economies.com
2025-07-17 17:49PM UTC

The (EURUSD) settled high in its last intraday levels, after it succeeded in recovering some of its losses, amid the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a trend line that keeps the stability of the trend, with the emergence of the negative signals on the (RSI), after the price success in offloading its overbought conditions.