Evening update for Bitcoin -20-01-2026

The (crude oil) price declined in its last intraday trading, after reaching our morning suggested target at $60.50 resistance, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, amid the dominance of the bullish trend on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of positive signals from relative strength indicators.

(Gold) settles on a rise in the last intraday trading, amid the dominance of the main bullish trend and its trading alongside minor trend line on supportive short-term basis for this trend, to settle above $4,700 for the first time ever, benefiting from the dynamic support that is represented by its trading above EMA50, with the emergence of positive signals from relative strength indicators, despite reaching overbought levels.

The (EURUSD) rose in its last intraday trading, after it declined after reaching our morning expected target at 1.1755 resistance, with the emergence of negative signals from the relative strength indicators, to gather the gains and attempts to offload this overbought conditions, affected by exiting bearish corrective channel’s range on a short-term basis, with a dynamic support that is represented by its trading above EMA50, gaining renewed bullish momentum.