Gold price rose in recent intraday trading, getting positive technical support by its stability above EMA50, which reinforces the dominance of the short-term bullish trend, especially with the trading alongside supportive trend line that indicates the current bullish momentum.

Gold gets additional boost by the positive signals’ emergence from the relative strength indicators, as a sign for the continuation of the buying powers dominance, even with the indicators reaching overbought levels, which might suggest potential declines or temporary sideways moves before resuming the rise again.

EURUSD declined in its latest intraday trading, due to the stability of the key and stubborn resistance at 1.1790, to attempt to gain bullish momentum that might help it to breach this resistance, and attempts to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of negative overlapping signals.

this comes amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, which represents dynamic support base that reinforces the chances of a recovery and a rise.

Bitcoin (BTCUSD) rose in its last intraday trading, approaching the key stubborn resistance at $82,000, supported by its continued trading above EMA50, which reinforces the main bullish trend on the short-term basis, with the beginning of positive overlapping signals emergence on the relative strength indicators, after reaching severe oversold levels compared to the price move, as a strong signal for a new bullish momentum that might push it to target new resistance levels on the near-term basis.

Crude oil prices rose in its recent intraday trading, attempting to recover some of its early losses for today, amid the continuation of the negative pressure that comes from its trading below EMA50, which threatens any recovery attempts in the near upcoming period, especially with the emergence of negative signals from the relative strength indicators, after reaching overbought levels.