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

Evening update for Bitcoin -16-06-2026

Economies.com
2026-06-16 17:00PM UTC

 

 

Bitcoin (BTCUSD) declined during its recent intraday trading, with the emergence of the negative signals from the relative strength indicators, as they reached exaggerated oversold levels compared to the price movement in the near upcoming period, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50, which represents a support base that weakens the chances of deepening these losses.

Evening update for crude oil -16-06-2026

Economies.com
2026-06-16 16:57PM UTC

 

 

Crude Oil prices kept declining during recent intraday levels, to break $76.00 support, which represents our last expected target in our previous analysis, amid the dominance of the short-term main bearish trend, with the trading alongside supportive trend line for this path, besides the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels, intensifying the negative pressures.

Evening update for gold-16-06-2026

Economies.com
2026-06-16 16:54PM UTC

 

 

Gold price rose in its last intraday trading, with the beginning of forming positive divergence after reaching oversold levels exaggeratedly compared to the price move, with the beginning of the positive signals emergence, to suggest entering a new bullish momentum that might push the price to target new resistance in the upcoming period, especially with ongoing dynamic support due to its trading above EMA50, with the dominance of strong bullish corrective wave on the short-term basis.

Evening update for EURUSD-16-06-2026

Economies.com
2026-06-16 16:51PM UTC

 

 

EURUSD rose in its last intraday trading, amid the dominance of bullish corrective wave on the short-term basis, affected by positive technical formation (double bottom pattern), besides the continuation of the positive pressure that comes from its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels.