Crude oil prices declined slightly in their last intraday trading in what seems to be a profit-taking move after the previous rises, after reaching the key resistance at $60,25, which represents the top of sideways trading range on the short-term basis.

The price is moving within bullish corrective wave now, taking advantage of the dynamic support due to its stability above EMA50, accompanied by the continuation of the positive signals on the relative strength indicators, which reinforces the chances of regaining the bullish momentum after the end of the current corrective pressure.

Gold declined slightly in its last intraday trading, affected by the negative pressure of its trading below EMA50, to make natural profit taking phase after the previous rises, accompanied by gold attempt to offload some of its clear overbought condition according to the relative strength indicators, especially after negative overlapping signals’ emergence.

Despite the current pressure, gold remains moving with minor bullish wave on the short-term basis, supported by its trading alongside bullish trend line that may help it recover its bullish momentum after ending the intraday correction.

The (EURUSD) price declined in its last intraday trading, surpassing EMA50’s support, reinforcing the negative pressure in the near-term basis, accompanied by the effect of the price exit from bullish corrective channel’s range on the short-term basis, which returned the dominance of the bearish track on its trading.

The relative strength indicators show negative signals after offloading the oversold conditions, opening the way for recording new losses in the upcoming period, unless it returns quickly above critical technical support levels.

The (BTCUSD) price extended its cautious gains in its recent intraday levels, taking advantage of the negative signals’ emergence on the relative strength indicators, after reaching oversold levels, attempting to recover some of its previous losses, amid the continuation of the negative pressure of the EMA50, and under the dominance of the main bearish trend on the short-term basis.