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Evening update for gold-03-07-2026

Economies.com
2026-07-03 16:26 UTC

 

 

Gold witnessed limited decline in its recent intraday trading, taking breather to gather its gains, and attempts to gain bullish momentum that might help it offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, affected by double bottom pattern that formed previously on the short-term basis, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of moving higher again.

 

 

Evening update for EURUSD-03-07-2026

Economies.com
2026-07-03 16:23 UTC

 

The EURUSD pair declined in its latest intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to recover some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, with the continuation of the positive support that comes from its trading above EMA50, with the dominance of bullish corrective wave on the short-term basis.

 

 

Forecast update for Ethereum -03-07-2026

Economies.com
2026-07-03 12:15 UTC

 

 

Ethereum (ETHUSD) kept rising during the last intraday trading, with the continuation of the positive support that comes from its trading above EMA50, which reinforces the stability and dominance of the bullish corrective trend on the short-term basis, especially with its trading alongside supportive trend line for this path noticing the emergence of the positive signals from the relative strength indicators, despite its stability in overbought levels, threatening by near corrective rebound to gather the gains and rearrange the papers before resuming this trend.

 

 

Forecast update for Brent -03-07-2026

Economies.com
2026-07-03 12:12 UTC

 

 

Brent crude oil witnessed limited gains on its last intraday levels, retesting $72.00 resistance level, to recover some of its previous losses, and offloading this oversold conditions on the relative strength indicators, amid the continuation of the negative pressure that comes from its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on the short-term basis, especially with the trading alongside main and minor supportive trend line for this path.