Gold rose in its recent intraday trading, supported by the emergence of the positive signals from the relative strength indicators after reaching oversold levels, to settle above the psychological support at $4,000, attempting to recover some of its previous losses, amid the continuation of the negative pressure that comes from its trading below EMA50, which represents a dynamic resistance that reinforces the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path.

The EURUSD pair witnessed fluctuated trading on its latest intraday levels, due to the stability of the key support at 1.1430, accompanied by the stability of EMA50’s support, gaining bullish momentum that stopped the losses, amid the dominance of the bullish corrective trend on the short-term basis, with the emergence of the positive signals from the relative strength indicators, after forming positive divergence followed reaching oversold levels compared to the price action, reinforcing the chances of its recovery in the near upcoming period.

Ethereum (ETHUSD) rose in its last intraday trading, due to the stability on EMA50’s support, gaining bullish momentum that helped it to achieve these gains after consecutive downside moves to look for a higher low to help the price recover and rise again, amid the dominance of the main bullish trend on the short-term basis, to notice that the relative strength indicators have reached oversold levels, exaggeratedly compared to the priced action, suggesting the beginning of forming positive divergence to reinforce the chances of the price recovery in the near upcoming period, especially with the emergence of positive overlapping signals from them. 

Brent crude oil rose in its last intraday trading, benefiting from the emergence of the positive signals from the relative strength indicators after offloading its overbought conditions, preparing to attack the key resistance at $86.00, supported by its continued trading above EMA50, reinforcing the stability and dominance of bullish corrective wave on the short-term basis.