Crude oil rose in its recent intraday trading, supported by the emergence of positive signals on the relative strength indicators, despite reaching overbought levels, indicating the strength of this dominant overbought momentum in the current time.

Breaching minor bearish trend line on the short-term basis helped to reduce the negative pressure gradually, with the price’s last attempts to surpass the EMA50, which reinforces the scenario of announcing full recovery on the near-term basis if the price settles above its current levels.

Gold price jumped sharply in its recent intraday trading, attacking the historical resistance at $4,380, which represents a potential target in our previous analysis, to record new all-time high, accompanied by clear acceleration in the bullish momentum and the dominance of the buyers on the price movement.

This rise is supported by the continuous trading above EMA50, which provides solid dynamic support, accompanied by the dominance of the main bullish trend on the short-term basis and its trading alongside minor supportive trend line for this trend, besides the emergence of positive signals from relative strength indicators, reinforcing the chances of reinforcing the gains in the upcoming period.

The (EURUSD) price rose slightly in its last intraday trading, taking advantage of leaning on a minor bullish trend’s support line on the short-term basis, providing limited bullish momentum that helped it record these gains, attempting to build short-term bouncing move.

There are clear pressures with the continuation of the trading below EMA50, representing dynamic resistance that obstructs the recovery, accompanied by the negative signals’ emergence on the relative strength indicators, after offloading the oversold conditions, which intensified the negative pressure and limits the chances of rising on the near-term basis.

The (BTCUSD) price witnessed fluctuated trading in its last intraday levels, after reaching EMA50’s resistance, accompanied by testing minor bearish trend line on the short-term basis, forming double negative pressure that stopped the previous gains, which were supported by the emergence of the positive signals on the relative strength indicators.