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

Evening update for Bitcoin -18-05-2026

Economies.com
2026-05-18 17:11PM UTC

 

Bitcoin (BTCUSD) declined during recent intraday trading, to confirm breaking $77,000 support level, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which intensifies the negative pressure, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

 

 

Evening update for crude oil -18-05-2026

Economies.com
2026-05-18 17:09PM UTC

Crude oil prices rose during recent intraday trading, after it managed to offload its overbought conditions on the relative strength indicators, gaining bullish momentum that helped it to rebound higher, to reduce a lot of these losses, preparing to attack the key resistance at $104.00, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis.

 

 

 

Evening update for gold-18-05-2026

Economies.com
2026-05-18 17:06PM UTC

Gold price declined in its recent intraday trading, amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, intensifying the negative pressures on the price, especially with the relative strength indicators reaching exaggerated overbought levels compared to the price move, as a clear negative signals for losing the positive momentum.

 

 

Evening update for EURUSD-18-05-2026

Economies.com
2026-05-18 17:03PM UTC

The EURUSD price reinforced its cautious gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to reach exaggerated overbought levels compared to the price move, to suggest forming negative divergence, to retest the key resistance level at 1.1655, amid the dominance of steep bearish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of near-term full recovery.