|
GBPUSD Breaks Our Price Target and Continues to Decline – Analysis – 17-09-2026
The GBPUSD price suffered sharp and consecutive losses in its latest intraday trading, breaking1.3435 support level, which was our price target , amid continued negative pressure from trading below EMA50, reinforcing the dominance and stability of the short-term bearish corrective trend.
Meanwhile, the relative strength indicators have entered extremely oversold levels, reflecting the strength of the downside pressures surrounding the price. However, this may also limit the pace of losses in the near term, with the possibility of some cautious recovery attempts or consolidation following the latest sharp decline.
Thanks for your feedback.
Bitcoin (BTCUSD) Attempts to Recover Some of Its Losses – Analysis – 17-09-2026
(BTCUSD) price rose in its latest intraday trading, driven by positive signals emerging from the relative strength indicators after they reached extremely oversold levels. The price is attempting to recover part of its previous losses, amid continued negative pressure from trading below EMA50, which acts as dynamic resistance and limits the chances of a full recovery in the near term.
MoreCrude Oil Searches for a Higher Low – Analysis – 17-09-2026
The crude oil price extended a series of consecutive losses in its latest intraday trading, attempting to find a higher low to establish a base for gaining the positive momentum needed to resume its recovery. This comes amid the dominance of the main short-term bullish trend, with price movements alongside main and minor trend lines supporting this path. At the same time, positive pressure continues as the price trades above EMA50, which provides dynamic support and reinforces the chances of a recovery in the near term.
MoreSilver Price Rises After Reaching Our Price Target –Analysis – 17-09-2026
The silver price rose in its latest intraday trading after the pivotal $62.60 support level held firm, which was our price previous target, giving the price some positive momentum that helped it achieve these gains as it attempts to recover part of its previous losses. However, negative pressure continues to stem from trading below EMA50, which acts as dynamic resistance and reinforces the chances of the short-term bearish corrective trend dominance.
More