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Evening update for EURUSD-29-04-2026

Economies.com
2026-04-29 15:34PM UTC

The EURUSD price settles lower during its recent intraday trading, preparing to break the key support at 1.1690, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, reducing the chances for the price recovery on the near-period, especially with its trading alongside bearish corrective trend line on the short-term basis, noticing the negative signals from the relative strength indicators.

 

 

Forecast update for Ethereum -29-04-2026

Economies.com
2026-04-29 11:15AM UTC

Ethereum (ETHUSD) settles with strong gains during recent intraday trading, attempting to get rid of the negative pressure of EMA50, announcing its full recovery, which opens the way for extending the gains amid the dominance of the main bullish trend on the short-term basis, with the emergence of the positive signals from the relative strength indicators.

 

 

Forecast update for Brent -29-04-2026

Economies.com
2026-04-29 11:12AM UTC

Brent witnessed sharp gains during recent intraday trading, breaching $105.00 resistance, opening the way for targeting new resistance levels, after offloading its overbought conditions on the relative strength indicators, opening the way for achieving these gains, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability of the bullish trend on short-term basis.

 

 

Forecast update for Bitcoin -29-04-2026

Economies.com
2026-04-29 11:09AM UTC

Bitcoin (BTCUSD) extended its gains during its recent intraday trading, to reach EMA50’s resistance, attempting to get rid of its negative pressure, supported by the emergence of the positive signals from the relative strength indicators, on the other hand, we notice entering exaggerated overbought levels compared to the price, with possibility to form negative divergence, which might press on the price in the upcoming period, to bounce lower again if its current resistance levels settle.