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Forecast update for EURUSD -17-06-2026.

Economies.com
2026-06-17 10:21AM UTC

 

 

The EURUSD pair declined during recent intraday trading as negative signals started to emerge from the relative strength indicators after reaching heavily overbought levels. This pullback appears to be a healthy correction aimed at easing buying pressure and allowing the pair to regain positive momentum for a potential continuation of its upward movement, amid the continuation of the  short-term corrective bullish wave, supported by a positive technical formation in the form of a double-bottom pattern, which reinforces the prospects for further gains. In addition, continued trading above the EMA50 provides dynamic support and strengthens the likelihood of a renewed recovery in the near term.

Forecast update for Ethereum -17-06-2026

Economies.com
2026-06-17 10:38AM UTC

 

 

Ethereum (ETHUSD) declined during recent intraday trading, affected by the stability of the key resistance at $1,800, with the emergence of the negative signals from the relative strength indicators, attempting to gain bullish momentum that might help it to breach this resistance, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, which reinforces the dominance and stability of the bullish corrective trend on the short-term basis, with the trading alongside supportive trend line for this path.

Forecast update for Brent -17-06-2026

Economies.com
2026-06-17 10:36AM UTC

 

Brent crude oil prices fluctuated in its last intraday trading, attempting to offload its oversold conditions on the relative strength indicators, with the emergence of positive signals from them, attempting to recover some previous losses, amid the dominance of the main bearish trend on the short-term, with its trading below EMA50, representing extra negative pressure.

Forecast update for Bitcoin -17-06-2026

Economies.com
2026-06-17 10:33AM UTC

 

 

Bitcoin (BTCUSD) declined in its last intraday trading, attempting to look for a rising low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the bullish corrective trend on the short-term, with the trading alongside supportive trend line for this path, besides the continuation of the dynamic support that is represented by its trading above EMA50, noticing that the relative strength indicators reach to oversold levels, exaggeratedly compared to the price move. Forming positive divergence reinforces the chances of price recovery in the upcoming near period.