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GBPUSD price surrenders to the negative pressure- Analysis- 17-03-2026

Economies.com
2026-03-17 01:32AM UTC

The GBPUSD declined during its latest intraday trading, with the beginning of forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, with the emergence of negative signals from there, in a clear signal for ending the bullish momentum, which helped it to correct the main bearish trend, amid its trading alongside supportive trend for this path, besides the continuation of the negative pressure due to its trading below EMA50, reducing the chances of full recovery on the near period.

 

 

 

Bitcoin (BTCUSD) soars - Analysis-17-03-2026

Economies.com
2026-03-17 01:22AM UTC

Bitcoin (BTCUSD) extended its gains sharply during its latest intraday trading, to confirm breaching the key resistance level of $74,000. This comes amid the dominance of a short-term corrective upward trend, with price movements aligned along a supportive trendline, and benefiting from dynamic support as it trades above its EMA50.  with positive signals continue to emerge from the relative strength indicators, despite reaching heavily overbought levels.

 

 

 

Crude oil prices begin to recover- Analysis- 17-03-2026

Economies.com
2026-03-17 01:18AM UTC

Crude oil (Crude Oil) recorded gains during its latest intraday trading, benefiting from holding above the $92.00 support level. This provided positive momentum that helped achieve these gains. This performance comes amid continued dynamic support from trading above its EMA50, which reinforces stability and the dominance of the main upward trend in the short term, alongside price movement along a supportive trendline.

 

In addition, we notice the beginning of a positive crossover of the relative strength indicators after reaching sharply oversold levels compared to price action. This indicates the potential formation of a positive divergence, which may strengthen positive pressure and support further upward movement in the coming period.

 

 

 

Silver prices show more negative signals- Analysis- 17-03-2026

Economies.com
2026-03-17 01:13AM UTC

Silver prices declined slightly during their latest intraday trading, as the main downward trend continues to dominate in the short term, with price movements aligned along a trendline supporting this bearish path.

 

The price is also facing ongoing negative pressure due to trading below EMA50, which limits the chances of recovery in the near term. This comes alongside the beginning of a negative divergence forming on the relative strength indicators after reaching overbought levels compared to price action, along with a bearish crossover, reinforcing the likelihood of continued decline in the coming period.