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EURUSD price is facing strong resistance despite recent gains - Analysis-18-03-2026

Economies.com
2026-03-18 01:11AM UTC

The EURUSD pair is holding onto strong gains during its latest intraday trading, supported by incoming positive signals from the relative strength indicators. However, the indicator has reached high overbought levels, which may signal a rapid decline in positive momentum.

 

At the same time, the pair is encountering a strong resistance zone, represented by its contact with the EMA50, along with testing a short-term downward trendline. This increases the importance of this technical area, which could be decisive in determining the pair’s next direction.

Evening update for Bitcoin -17-03-2026

Economies.com
2026-03-17 15:51PM UTC

The (BTCUSD) price experiences fluctuating trading on its last intraday levels, amid its attempts to breach the stubborn resistance level of $74,000, supported by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, especially with its trading alongside main and minor trend lines, with the relative strength indicators entering exaggerated oversold levels compared to the price movement, to indicate a beginning of a new bullish momentum around the price 

 

 

Evening update for crude oil -17-03-2026

Economies.com
2026-03-17 15:48PM UTC

The (crude oil) price rose in its last intraday trading, amid the dominance of the main bullish trend on short-term basis, supported by its trading alongside supportive trend line for this path, besides the continuation of its trading above EMA50, providing supportive base that reinforces its intraday gains, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold conditions, which obstructs its improvement in the upcoming period.

 

 

 

Evening update for gold -17-03-2026

Economies.com
2026-03-17 15:45PM UTC

Gold’s price declined in its last intraday trading, surpassing the main psychological support level at $5,000, amid the continuation of the negative pressure due to its trading below EMA50, with its trading alongside bearish trend line on short-term basis, besides the emergence of the negative signals from the relative strength indicators, after forming negative divergence that intensified the pressure on the last moves of the price.