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USDJPY Shows Fresh Bullish Signals – Analysis – 24-06-2026

Economies.com
2026-06-24 01:14 UTC

 

 

USDJPY traded in a volatile range during recent intraday sessions as the pair attempted to break above the key resistance level at 161.50. A successful breakout could provide additional bullish momentum and support further gains in the near term.

 

Positive signals have started to emerge from relative strength indicators after the pair eased its overbought conditions, giving price action more room to extend its advance. The pair also remains above its EMA50, which continues to provide positive support and reinforce the dominant short-term uptrend.

GBPUSD Remains Under Bearish Pressure – Analysis – 24-06-2026

Economies.com
2026-06-24 01:11 UTC

 

 

GBPUSD declined during recent intraday trading, weighed down by persistent selling pressure. The pair continues to trade below its EMA50, which acts as dynamic resistance and reinforces the main short-term bearish trend.

 

Trading is also pressured by negative signals from relative strength indicators, which continue to reflect weak buying momentum despite reaching deeply oversold levels. This suggests that sellers remain in control, keeping the door open for further declines in the near term, although a limited corrective rebound cannot be ruled out.

Bitcoin (BTCUSD) Attempts to Ease Oversold Conditions – Analysis – 24-06-2026

Economies.com
2026-06-24 01:08 UTC

 

 

The (BTCUSD) rose in recent intraday trading after the stability of support at $62,000, helping the price gain some positive momentum and recover part of its recent losses. Relative strength indicators have also started to show positive signals, suggesting a reduction in oversold conditions.

 

Despite this rebound, negative pressure remains in place as Bitcoin continues to trade below its EMA50, which acts as dynamic resistance and limits the chances of a sustained recovery. The price is also affected by its break below a short-term corrective uptrend line, keeping the broader bearish outlook intact.

Crude Oil Shows New Bearish Signals – Analysis – 24-06-2026

Economies.com
2026-06-24 01:05 UTC

 

 

Crude oil continues to decline gradually during recent intraday trading, as the main short-term bearish trend remains in control, reflecting strong selling pressure and weak recovery attempts.

 

This performance comes as oil continues to trade below its EMA50, which acts as dynamic resistance and reinforces the negative technical outlook. In addition, relative strength indicators have begun to form a new bearish crossover after the price relieved part of its previous oversold condition, providing room for further downside. These factors support the likelihood of additional losses unless stronger technical signals emerge to reverse the current trend.