Crude oil saw clear fluctuation in recent intraday trading due to negative signals from relative strength indicators after hitting overbought levels. This pressure pushed the price to attempt to regain lost bullish momentum, awaiting a clearer reversal signal for a near-term rise.

Despite this movement, crude oil still gains key support from the short-term double-top formation, increasing recovery chances if the price stays above critical levels, while EMA50 continues offering dynamic support for a bullish outlook.

Gold declined in recent intraday trading, after its stability against the key resistance at $4,225, to return to gather the required bullish momentum for breaching this solid barrier, gold is attempting to offload the clear overbought conditions on the relative strength indicators, especially with the emergence of sequence negative signals, which makes the price takes breath before any new bullish attempt.

Despite this intraday decline, the overall technical image remains supported by the trading above EMA50, providing solid dynamic base to reinforce the recovery in the near-term basis, and the trading besides main and minor tend lines confirms the continuation of the positive scenario.

The (EURUSD) price declined in its last intraday trading, after reaching key resistance at 1.1650, with represents our previously expected target. This bearish rebound is to look for new rising low for regaining the required bullish momentum to resume the recovery, especially with its attempt to offload the overbought conditions on the relative strength indicators.

The price remains moving within bullish corrective channel’s range on the short-term basis, which provides technical support despite the intraday pressures that come from testing the mentioned resistance, the trading within this channel might support regaining the bullish track.

The (BTCUSD) price declined in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with the continuation of negative pressure due to its trading below EMA50, the last decline came despite the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, indicating the volume and strength of the negative momentum.