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GBPUSD Breaches Our Expected Target – Analysis – 16-07-2026

Economies.com
2026-07-16 01:16 UTC

 

 

GBPUSD settles on sharp gains in its recent intraday trading, after breaching the key resistance at 1.3450, which was a target in our previous analysis, which made the price stop to catch breath, to gather its gains and attempts to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, to gather its positive strength, which helps it to resume these strong gains in the near upcoming period, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis.

 

 

 

Bitcoin Attempts to Gain Bullish Momentum – Analysis – 16-07-2026

Economies.com
2026-07-16 01:12 UTC

 

 

(BTCUSD) declined during its latest intraday trading, in a natural profit taking after a strong bullish wave, with the attempts of the price to gain a new bullish momentum that might support its gain in the upcoming period, accompanied by its attempt to offload the overbought conditions on the relative strength indicators, which begin sending negative signals.

 

despite this decline, the technical overview prefers the positivity, as the price keeps trading above EMA50, which represents a dynamic support that reinforces the stability of the bullish corrective trend, and it keeps moving alongside supportive trend line for this path, keeping the chances of resuming the rise valid if the price settles above the current support levels.

Crude Oil Price is Fluctuating Positively with Upside Potential Remaining Intact– Analysis – 16-07-2026

Economies.com
2026-07-16 01:07 UTC

 

Crude Oil rose continued its fluctuating trading on its latest intraday levels, attempting to gain a new bullish momentum that might support resuming the rise in the near upcoming period, with the continuation of the bullish corrective wave on the short-term basis and its trading alongside supportive trend line.

 

The price benefited from the continuation of its trading above EMA50, which represents dynamic support, accompanied by the emergence of positive signals from the relative strength indicators, after offloading the previous overbought conditions. These technical factors support the chances of recovery continuation and targeting higher resistance levels.

 

 

Silver Prepares to Break Our Expected Target –Analysis – 16-07-2026

Economies.com
2026-07-16 01:03 UTC

 

 

Silver settles with cautious gains during its latest intraday trading after rebounding from the key support level at $57.00, which provided technical support and helped the metal recover part of its recent losses.

 

the price keeps trading below EMA50, which represents a dynamic resistance that reinforces the stability and dominance of the main bearish trend on the short-term  basis, with the continuation of the trading alongside minor trend line that supports this path. Breaking this support and providing a close below might open the way for recording more losses and targeting lower support levels in the upcoming period.