Gold prices declined during recent intraday trading, affected by the stability of the resistance at $4,500, accompanied by reaching EMA50, besides forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative overlapping signals, forcing it to rebound lower.

The EURUSD pair declined during its latest intraday trading, after reaching EMA50’s resistance, surrendering to the negative pressure, accompanied by testing minor bearish trend line on the short-term basis, with the emergence of negative overlapping signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, to begin forming negative divergence to intensify the negative pressure.

Ethereum price (ETHUSD) declined in its recent intraday trading, with the emergence of the negative signals from the relative strength indicators, under the dominance of the main bearish trend on the short-term basis, with the continuation of its trading below EMA50, which represents a dynamic resistance that reduces the chances of full recovery in the upcoming near period.

Brent crude oil price settles lower during its recent intraday trading, amid the attempts of gaining bullish momentum that might help it to breach the key resistance at $97.00, amid the continuation of the positive support that comes from its trading above EMA50, affected by surpassing minor bearish channel’s range that limits its trading on the short-term basis, on the other hand, the relative strength indicators reached exaggerated oversold levels compared to the price move, to indicate forming positive divergence that might help it to recover in the near upcoming period.