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Evening update for Gold -16-10-2025

Economies.com
2025-10-16 17:04PM UTC

The (Gold) price kept rising in its last intraday trading, to continue recording new all-time highs, amid the dominance of the main bullish trend on the short-term basis and its trading alongside minor trend line, with the emerging of the positive signals on the relative strength indicators, despite reaching overbought levels.

 

 

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Evening update for EURUSD -16-10-2025

Economies.com
2025-10-16 17:02PM UTC

The (EURUSD) rose in its last intraday trading, amid the continuation of the positive pressure due to its trading above EMA50, affected by a short-term bullish technical formation, which is represented by the double bottom pattern, after offloading the overbought conditions on the relative strength indicators, opening the way for achieving more gains.

VIP Trading Signals Performance by BestTradingSignal.com (6-10 Oct, 2025)

 

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US Stock Signals from €44/month

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Forex Signals from €49/month

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VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from €179/month

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Full VIP signals performance report for 6-10, October 2025:

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Solana price buoyed by pivotal support - Analysis - 16-10-2025

Economies.com
2025-10-16 13:23PM UTC

Solana (SOLANA) advanced in its latest intraday trading after stabilizing at the key support level of 191.55$, which provided some positive momentum helping it achieve recent gains. Positive signals have begun to appear from the relative strength indicators after reaching oversold areas. However, ongoing negative pressure from trading below the 50-day SMA reduces the chances of a near-term recovery, while the short-term corrective bearish trend remains dominant, with trading along a descending line that supports this path.

 

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading, especially if it breaks below the mentioned support level of 191.55$, targeting the next support level at 175.95$.

 

Today’s price forecast: Bearish.

WLD price moves in a tight sideways range - Analysis - 16-10-2025

Economies.com
2025-10-16 13:23PM UTC

WLD (WLDUSD) showed narrow sideways movements in its latest intraday trading, under continued negative pressure from trading below the 50-day SMA and within the dominance of the main short-term bearish trend, moving along a descending line. However, positive signals are appearing from the relative strength indicators, which have helped limit the cryptocurrency’s decline over the past period.

 

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of 1.16815322 holds, targeting the key support level of 0.85800989, with strong chances of breaking below it.

 

Today’s price forecast: Bearish.