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

Evening update for Bitcoin -04-05-2026

Economies.com
2026-05-04 18:04PM UTC

Bitcoin (BTCUSD) surged high in its last intraday trading, to breach $79,300 key resistance, supported by its continued trading above EMA50, which reinforce the stability and dominance of the main bullish trend on short-term basis, noticing the beginning of positive overlapping signals emergence from the relative strength indicators, after offloading its overbought conditions, which opens the way for extending its gains in the upcoming near period.

 

 

 

Evening update for crude oil -04-05-2026

Economies.com
2026-05-04 18:01PM UTC

 

Crude oil prices rose strongly in its recent intraday trading, supported by its continued trading above EMA50, which provides dynamic support base to gain renewed bullish momentum, amid the dominance of the main bullish trend on the short-term basis, besides the emergence of the positive signals from relative strength indicators after reaching oversold levels.

 

Evening update for gold-04-05-2026

Economies.com
2026-05-04 17:59PM UTC

Gold deepened its losses in its recent intraday trading, reaching the main support level at $4,500, which was an expected target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, with its trading alongside minor bearish trend line on the short-term basis, noticing the emergence of the negative signals from the relative strength indicators.

 

 

 

Evening update for EURUSD-04-05-2026

Economies.com
2026-05-04 17:56PM UTC

The EURUSD price kept declining during its recent intraday trading, surpassing the support of EMA50, which puts it under negative pressure in its upcoming moves, especially if it breaks the current support at 1.1690, to confirm its intense to continue the decline, despite the emergence of positive signals from the relative strength indicators, after reaching oversold levels, as a clear signal for the volume of the negative pressure.