Evening update for Bitcoin – 16-09-2026

Crude oil suffered a series of consecutive losses during its latest intraday trading, as the price attempts to find a higher low that could serve as a base to help it regain the positive momentum needed to resume its recovery. This comes as the relative strength indicators have reached excessively oversold territory compared with the price action, while the positive pressure generated by trading above EMA50 continues to provide dynamic support, reinforcing the stability and dominance of the main short-term bullish trend.

Gold kept its early gains from today, benefiting from the stability of the key support at $4,300, with the emergence of the positive signals on the relative strength indicators, which entered overbought levels, threatening these gains by a bearish rebound, especially by reaching EMA50’s resistance, accompanied by testing a bearish corrective trend line on the short-term basis.

The (EURUSD) continued its sideways fluctuating trading on its latest intraday levels, with the stability of the key support at 1.1530, gaining bullish momentum to face the negative pressures, amid the emergence of the negative signals from the relative strength indicators, with the continuation of the negative pressure that comes from its trading below EMA50, which reinforces the stability and dominance of the bearish corrective trend on the short-term basis.