Evening update for Bitcoin -28-07-2026

Crude Oil price declined in its last intraday trading, amid the dominance of steep bearish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on the price, despite the emergence of positive signals from the relative strength indicators after reaching oversold levels, which didn’t affect the price move, in a clear signal for the dominance of the sellers on the price move.

Gold rose in its recent intraday trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals from them, affected by breaking bullish corrective trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery in the near upcoming period.

EURUSD price rose in its last intraday trading, with the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, attempting to offload some of this oversold conditions to reach the resistance of EMA50, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path, threatening the current gains.