Gold settles bearishly -Analysis-15-05-2025

The (EURUSD) price settled downside in its recent intraday trading, under the dominance of the bearish correctional trend within price channel, with the emergence of the negative signals on the (RSI), besides its stability below the resistance of 1.1250, this level represents 38.2%Fibonacci correction level for the last bullish wave on the short-term basis(from 1.0730 to 1.1572), and the price suffers from the continuation of the negative pressure due to its trading below its EMA50.

Bitcoin price (BTCUSD) fluctuated in its last intraday trading, amid its continuous attempts to gain positive momentum that might assist it to recover and its trading alongside a bias line, with the continuation of the dynamic support due to its trading above its EMA50, on the other hand, the negative signals come from the (RSI), after reaching overbought levels.

The (crude oil) price witnessed mixed trading in its last intraday trading, attempting to gain a positive momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line, and the price rose after it succeeded in offloading its clear overbought conditions on the (RSI).