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

Evening update for Bitcoin -08-07-2026

Economies.com
2026-07-08 17:45 UTC

 

 

Bitcoin (BTCUSD) rose in its last intraday trading, leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals, amid the dominance of bullish corrective wave on the short-term basis.

 

Evening update for crude oil -08-07-2026

Economies.com
2026-07-08 17:42 UTC

 

 

Crude Oil price’s trading fluctuated on its last intraday levels, due to the stability of the resistance at $75.00, attempting to gather previous gains, to attempt to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of bullish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading above EMA50, reinforcing the chances of the rise return in the upcoming near period.

Evening update for gold-08-07-2026

Economies.com
2026-07-08 17:39 UTC

 

 

Gold witnessed fluctuating trading on its recent intraday levels, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor trend line that supports this track, with a negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which helped the price to settles against these negative pressures.

Evening update for EURUSD-08-07-2026

Economies.com
2026-07-08 17:37 UTC

 

 

The EURUSD pair rose in its latest intraday trading, affected by forming positive divergence on the relative strength indicators, with the emergence of positive signals from them, retesting 1.1430 resistance, surpassing bullish corrective channel’s range limited its previous trading on the short-term basis, with a negative pressure due to its trading below EMA50, keeping the negative pressure valid, which threatens these last gains.