Evening update for Bitcoin – 02-11-2026

Crude Oil deepened its losses in its recent intraday trading, reaching the $96.00 support level, which was our morning target. This comes amid the impact of breaking below a short-term ascending trend line, while facing continued negative dynamic pressure from trading below its EMA50. Additionally, the relative strength indicators continue to signal negative momentum, despite reaching deeply oversold levels.

Gold surged in its recent intraday trading, benefiting from the stability of the key support level at $3,900, alongside positive signals emerging from the relative strength indicators after reaching deeply oversold levels. However, the price continues to face sustained negative pressure from trading below its EMA50, which reinforces the dominance and stability of the main short-term downtrend, limiting the chances of a full recovery.

The EURUSD pair declined in its recent intraday trading, attempting to gather positive momentum that may help it recover and resume its advance. This comes amid the impact of breaking above a minor descending trend line in the short term, while gaining positive support from trading above its EMA50. Meanwhile, the relative strength indicators continue to signal positive momentum.