Gold price declined during its latest intraday trading, affected by its earlier break below a short-term bullish corrective trendline, which increased the selling pressure on its movements. The price also continues to face negative and dynamic pressure as it remains below EMA50, which has acted as a barrier against attempts to recovery during the recent period.

In the background, we notice the beginning of a negative divergence forming on the relative strength indicators after reaching exaggerated overbought levels compared with the price movement, along with the emergence of new negative signals, which may increase the chances of continued downward pressure in the near term.

The EURUSD pair is facing strong selling pressure during its latest intraday trading, entering a sharp bearish wave that pushed it to break the key support level at 1.1565, which we had previously identified as a price target in our earlier analysis.

This decline comes amid continued negative pressure as the pair trades below EMA50, which reinforces the stability and dominance of the main short-term bearish trend, moving along major and minor trendlines that support this bearish path, while the relative strength indicators are providing negative signals, reflecting the continuation of selling momentum during the current period.

The price of (ETHUSD) settles on a decline in its last intraday trading, amid its trading alongside bullish corrective trend line on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, attempting to gain bullish momentum that might help it to recover and rise again, especially with the beginning of forming positive divergence on relative strength indicators, with the emergence of positive signals from there after reaching exaggerated oversold levels compared to the price move.

Brent prices extended their gains in their last intraday trading, breaching $85,000 key resistance, supported by its continuous trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis, to notice the emergence of positive signals from relative strength indicators, despite reaching overbought levels.