Evening update for EURUSD-04-09-2026

Ethereum (ETHUSD) settles with strong gains at its latest intraday levels, to confirm breaching the key resistance at $4,500, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the main bullish trend on the short-term basis, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them.

Brent crude oil prices declined during their latest intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of the negative signals from the relative strength indicators, entering exaggerated oversold levels compared to the price action, as a strong signal for reducing the negative pressures and the recovery is close, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the chances of a near term recovery.

Bitcoin (BTCUSD) fluctuated during its latest intraday trading, attempting to gain bullish momentum that might help it resume its strong gains, and it attempts to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of the main bullish trend on the short-term basis, with the stability of the price above the key resistance at $80,000, as a signal for confirming breaching it, to ease the way for rising again in the near upcoming period.