Bitcoin (BTCUSD) attempts to offload its overbought condition -Analysis-26-06-2025
June 25, 2025
Economies.com
2025-06-26 02:56AM UTC
The (crude oil) fluctuated in its last intraday trading, where it moved in tight sideways range, affected by a limited positive momentum due to its lean to main bullish trend line on the short-term basis, providing some technical support in the current time.
On the other hand, this sharp decline still affects trading, showing clear dominance for the selling powers, especially with the beginning of the negative signals appearing on the (RSI), after the price success in offloading its oversold conditions, which might ease the way for a new wave unless a strong support appears to stop the decline.
Economies.com
2025-06-26 02:56AM UTC
The (Gold) price declined in its last intraday trading, after recording cautious gains in the previous sessions supported by the emergence of the positive signals on the (RSI), despite its stability in exaggerated overbought levels compared by the price move.
Despite this temporary technical support, the price remains suffering from clear negative pressure, due to its stability below EMA50, and under the effect of the bearish correctional trend on the short-term basis, with the continuation of its trading alongside a bearish bias, which confined its ability to achieve extra gains unless it reaches near critical resistance levels.
Economies.com
2025-06-26 02:56AM UTC
The (EURUSD) extended its gains in its last intraday trading, reaching our target at 1.1680, taking advantage of the ascending bullish momentum after offloading its clear overbought conditions on the (RSI).
This positive performance came under the dominance of the main bullish trend on the short-term basis, with the continuation of the trading alongside a bullish bias line, reinforcing the chance for resuming the rise towards higher resistance levels, unless anything appears to change the positive technical trend.
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