Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Crude oil price is slipping lower- Analysis-07-01-2026

Economies.com
2026-01-07 02:22AM UTC

Crude oil continued its sharp decline in its recent intraday trading, affected by the continuation of the negative pressure due to its trading below EMA50, indicating the weak momentum and imposes clear restrictions on any bullish rebound attempts currently.

 

This negative performance is accompanied by the negative signals from the relative strength indicators, despite reaching oversold levels, indicating the continuation of the selling pressures dominance amid the dominance of the main bearish trend on the short-term basis, anticipating any technical signals that may threaten any upcoming attempts to settle.

 

 

Gold price is declining to reach our expected target- Analysis-07-01-2026

Economies.com
2026-01-07 02:17AM UTC

Gold declined in its recent intraday trading, affected by the stability of the main resistance at $4,500, which represents expected target in our previous analysis, to enter correction range to attempt to gain bullish momentum.

 

The price is moving under the dominance of the main bullish trend on the short-term basis, with the trading alongside supported trend line for this track, besides the trading above EMA50, providing key dynamic support, however the beginning of negative overlapping signals appearance on the relative strength indicators suggest forming negative divergence that might push for bearish corrective rebounds on the intraday basis.

 

 

EURUSD price is showing new positive signals- Analysis-07-01-2026

Economies.com
2026-01-07 02:12AM UTC

The (EURUSD) price is rising in its last intraday trading, due to the dominance of the main bullish trend on the short-term basis, and there is negative dynamic pressure that is represented by its trading above EMA50, which reduces the chances of full recovery on the near-term basis, supported by positive overlapping signals from the relative strength indicators, after reaching oversold levels, exaggeratedly compared by the price move, indicating the beginning of forming positive divergence, which might open the way for temporary rise.

 

 

Evening update for Bitcoin (BTCUSD) -06-01-2026

Economies.com
2026-01-06 15:41PM UTC

 

The (BTCUSD) price is experiencing fluctuated trading on its last intraday levels, amid its attempts to gain bullish momentum that might help it to breach the key resistance at $94,000, and it managed to offload its overbought conditions on the relative strength indicators, where it enters exaggerated oversold conditions compared to the price move, to indicate gathering renewed bullish momentum that might push the price to recover on the near-term basis, amid the dominance of the main bullish trend on the short-term basis.