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EURUSD price attempts to relieve its oversold condition- Analysis-13-03-2026

Economies.com
2026-03-13 01:23AM UTC

The EURUSD pair recorded a slight increase during its latest intraday trading, supported by the resilience of the key support level at 1.1520. This level had been a price target in our previous analyses, as the pair attempts to recover part of its earlier losses.

 

At the same time, the price is trying to ease part of the clear oversold condition shown on the relative strength indicators, especially as a positive crossover has begun to appear on them.

 

Despite this, the pair is still facing negative pressure as it continues to trade below its 50-period simple moving average, which reinforces the stability and dominance of the main downward trend in the short term, alongside price movements tracking a secondary downward trendline that supports this path.

 

 

Evening update for Bitcoin -12-03-2026

Economies.com
2026-03-12 15:39PM UTC

 

The (BTCUSD) price is experiencing mixed trading on its last intraday levels, leaning on EMA50’s support, gaining renewed bullish momentum, especially with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, amid the dominance of bullish corrective wave on the short-term basis.

Evening update for crude oil -12-03-2026

Economies.com
2026-03-12 15:37PM UTC

 

The (crude oil) price rose in its last intraday trading, after offloading its overbought conditions on the relative strength indicators with the return of the positive signals emergence, benefiting from the stability of the support at $90.00, amid the continuation of the positive support that comes from its trading above EMA50, under the dominance of the main bullish trend on short-term basis.

 

Evening update for gold -12-03-2026

Economies.com
2026-03-12 15:35PM UTC

Gold’s price declined in its last intraday trading, amid the continuation of its trading below EMA50, with the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold conditions, intensifying the negative pressure, to lean on minor bullish trend line on the short-term basis, as a last chance for gaining the positive momentum that might help it to recover and rise again.