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Forecast update for Ethereum -17-07-2026

Economies.com
2026-07-17 11:37 UTC

 

 

Ethereum (ETHUSD) rose in its last intraday trading, due to the stability on EMA50’s support, gaining bullish momentum that helped it to achieve these gains after consecutive downside moves to look for a higher low to help the price recover and rise again, amid the dominance of the main bullish trend on the short-term basis, to notice that the relative strength indicators have reached oversold levels, exaggeratedly compared to the priced action, suggesting the beginning of forming positive divergence to reinforce the chances of the price recovery in the near upcoming period, especially with the emergence of positive overlapping signals from them. 

 

 

Forecast update for Brent -17-07-2026

Economies.com
2026-07-17 11:34 UTC

 

 

Brent crude oil rose in its last intraday trading, benefiting from the emergence of the positive signals from the relative strength indicators after offloading its overbought conditions, preparing to attack the key resistance at $86.00, supported by its continued trading above EMA50, reinforcing the stability and dominance of bullish corrective wave on the short-term basis.

 

 

Forecast update for Bitcoin -17-07-2026

Economies.com
2026-07-17 11:32 UTC

 

 

The price of Bitcoin settles with series of consecutive losses in its last intraday trading that pushed it to surpass EMA50, putting it under negative pressure, which obstructs the attempts of full recovery in the near upcoming period, to lean on a bullish trend line on the short-term basis, as a last attempt that might help it to gain the required bullish momentum for its recovery, especially with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels.

 

 

 

Forecast update for crude oil -17-07-2026

Economies.com
2026-07-17 11:27 UTC

 

 

Crude Oil rose in its last intraday trading, with its attempts to breach the key stubborn resistance at $79.00, supported by the emergence of the positive signals from the relative strength indicators, after forming positive divergence to help it exit the tight sideways move on the short-term basis, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending the gains in the near upcoming period.