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EURUSD Finds Support at Its Simple Moving Average– Analysis – 20-07-2026

Economies.com
2026-07-20 00:46 UTC

 

 

The EURUSD pair settles lower in its latest intraday trading, as it attempts to form a new higher low that could serve as a solid support base, helping the pair regain positive momentum. Meanwhile, the pair continues to find support from its EMA50, which is maintaining its role as a dynamic support level.

 

The short-term technical outlook remains bullish, as the corrective upward wave continues to dominate and the pair trades along a supportive trendline. At the same time, the relative strength indicators provide positive signals after reaching deeply oversold territory, reinforcing the likelihood of a renewed recovery and further upside in the near term.

 

 

 

 

Evening update for Bitcoin -17-07-2026

Economies.com
2026-07-17 16:25 UTC

 

 

Bitcoin (BTCUSD) rose in its last intraday trading, leaning on a bullish trend line on the short-term basis, gaining bullish momentum that intensified by forming a positive divergence on the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them, which pushed it to achieve these gains, attempting to surpass the negative pressure of the EMA50, announcing its full recovery and opens the way for achieving more gains in the near upcoming period.

 

 

Evening update for crude oil -17-07-2026

Economies.com
2026-07-17 16:22 UTC

 

 

Crude Oil price extended its gains in its last intraday trading, to confirm breaching the key resistance at $79.00, benefiting from the emergence of the positive signals from the relative strength indicators, with the dominance of the bullish corrective trend on the short-term basis, amid its trading alongside supportive trend line for this path, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending these gains in the near upcoming period.

 

 

 

Evening update for gold-17-07-2026

Economies.com
2026-07-17 16:20 UTC

Gold rose in its recent intraday trading, supported by the emergence of the positive signals from the relative strength indicators after reaching oversold levels, to settle above the psychological support at $4,000, attempting to recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, which represents a dynamic resistance that reinforces the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path.