Gold rose in its last intraday trading, taking advantage of main bullish trend continuation and its trading alongside supportive minor trend line on a short-term basis, representing a new attempt to surpass the negative pressure of the EMA50, which prevented the price recovery yesterday.

Despite these attempts, gold is facing challenges by the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which might limit the upside move and open the way for more fluctuating moves on the intraday basis.

The (EURUSD) price returned to decline in its last intraday trading, after early attempts to offload some of its oversold conditions on the relative strength indicators that began showing initial positive overlapping signals, but these signals weren’t enough to change the scene, after the dominance of the selling pressure on the intraday movement.

This continued weakness comes because of the negative pressure of its trading below EMA50, besides the dominance of the main bearish trend and the trading alongside minor bearish trend line, which limits any chance of any upcoming recovery on an intraday basis.

The (BTCUSD) price declined in its recent intraday levels, breaking $90,000 support, amid the emergence of negative signals on the relative strength indicators after reaching overbought levels, and under the dominance of the main bearish trend on a short-term basis and its trading alongside supportive main and minor trend lines.

The (crude oil) slipped lower in its last intraday trading, to surpass the support of its EMA50, accompanied by breaking minor bullish trend line, with the emergence of the negative signals on the relative strength indicators after reaching overbought levels.