Gold declined in its recent intraday trading, leaning on EMA50’s support, in attempt to gain bullish momentum that might help it to recover and resume the rise in the upcoming period.

This decline comes amid the continuation of the main bullish trend dominance on the short-term basis, with the trading alongside supportive trend line for this track, beside the emergence of the positive signals from the relative strength indicators after reaching oversold levels, which supports the chances of the positive rebound on the near-term basis.

The (EURUSD) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the bearish corrective trend on the short-term basis, especially with the trading alongside bearish trend line.

This decline was supported by the emergence of the negative signals from the relative strength indicators, after offloading the previous oversold conditions, opening the way for the continuation of the bearish pressure in the near-term basis.

The (BTCUSD) price kept declining in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, looking for a rising low to use it as a base that might help it to gain the required bullish momentum for its recovery, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, especially with its trading alongside minor bullish trend line on the short-term basis. 

The (crude oil) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the main bearish trend on the short-term basis, after offloading its oversold conditions on the relative strength indicators, intensifying the negative pressures.