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Evening update for EURUSD-24-07-2026

Economies.com
2026-07-24 16:13 UTC

 

 

EURUSD price witnessed mixed trading on its last intraday levels, supported by the emergence of positive signals from the relative strength indicators, after reaching oversold levels, which makes it settles against the negative pressure that is represented by its trading below EMA50, reducing the chances of a full recovery in the near upcoming period, affected by breaking bullish corrective trend line on the short-term basis.

 

 

Forecast update for Ethereum -24-07-2026

Economies.com
2026-07-24 12:02 UTC

 

 

Ethereum (ETHUSD) prices declined during their latest intraday trading after retesting a broken short-term trendline, accompanied with the price encountering resistance at its EMA50. This forced the price to reverse lower, erasing most of its early gains, particularly as the price managed to ease some of its oversold conditions on the relative strength indicators during this performance, increasing the likelihood of deeper losses in the near term.

 

 

Forecast update for Brent -24-07-2026

Economies.com
2026-07-24 12:00 UTC

 

 

Brent crude oil prices edged higher during their latest intraday trading, following a sharp decline earlier today that pushed the relative strength indicators into excessively oversold levels. This signals the potential formation of a positive divergence, which could strengthen the chances of a price recovery and a renewed rise in the near term, particularly with the continued positive support provided by trading above EMA50, reinforcing the stability and dominance of the main short-term bullish trend.

Forecast update for Bitcoin -24-07-2026

Economies.com
2026-07-24 11:57 UTC

 

 

Bitcoin (BTCUSD) witnessed volatile trading during its late intraday sessions, after rising earlier in response to positive signals from the relative strength indicators, benefiting from the positive momentum gained after finding support at its EMA50. The main short-term bullish trend remains dominant, with the price moving along a trendline that supports this trajectory. However, the price quickly reversed, erasing those early gains and once again finding support at its strong support levels in a new attempt to gain positive momentum that could help it recover.