Gold declined slightly in its last intraday trading, affected by the negative pressure of its trading below EMA50, to make natural profit taking phase after the previous rises, accompanied by gold attempt to offload some of its clear overbought condition according to the relative strength indicators, especially after negative overlapping signals’ emergence.

Despite the current pressure, gold remains moving with minor bullish wave on the short-term basis, supported by its trading alongside bullish trend line that may help it recover its bullish momentum after ending the intraday correction.

The (EURUSD) price declined in its last intraday trading, surpassing EMA50’s support, reinforcing the negative pressure in the near-term basis, accompanied by the effect of the price exit from bullish corrective channel’s range on the short-term basis, which returned the dominance of the bearish track on its trading.

The relative strength indicators show negative signals after offloading the oversold conditions, opening the way for recording new losses in the upcoming period, unless it returns quickly above critical technical support levels.

The (BTCUSD) price extended its cautious gains in its recent intraday levels, taking advantage of the negative signals’ emergence on the relative strength indicators, after reaching oversold levels, attempting to recover some of its previous losses, amid the continuation of the negative pressure of the EMA50, and under the dominance of the main bearish trend on the short-term basis.

The (crude oil) continued its fluctuating trading on its last intraday levels, waiting to exit sideways trading area that dominates its previous movement, taking advantage of the positive signals emerging on the relative strength indicators, after reaching oversold levels, on the other hand, it is under the main bearish trend on the short-term basis.