Crude oil declined in its recent intraday trading, due to the continuation of the key resistance stability at $56.40, pushing the price to enter new bearish wave, amid the dominance of the main bearish trend on the short-term basis, and its trading alongside supported minor trend line for this negative track.

This decline is accompanied by the continuation of the negative pressure that comes from trading below EMA50, reducing the chances of its recovery on the near-term basis, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, reinforcing the possibilities of the selling pressure continuation.

Gold price declined in its recent intraday trading, amid its attempts to gain bullish momentum that might help it recover again, to enter the range of fluctuating trading, indicating a state of anticipation, especially with the emergence of negative signals on the relative strength indicators, which imposes some intraday pressures on its trading.

The dynamic support that is represented by the trading above EMA50 remains valid, reinforcing the stability and dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, which keeps the chances of a recovery valid in the upcoming period.

The (EURUSD) price recorded slight rise in its last intraday trading, amid fluctuating trading to gain bullish momentum that may help it recover and resume the rise, taking advantage of learning on EMA50’s support, which succeeded in reducing the selling pressures and preventing more downside movements.

Accompanied by the trading alongside minor bullish trend line on the short-term basis, indicating the continuation of the technical support for the bullish track, especially with the emergence of positive overlapping signals on the relative strength indicators after reaching oversold levels, reinforcing the chances of an improvement in the upcoming trading. 

The (BTCUSD) price extended its gains in its last intraday trading, offloading its oversold conditions on the relative strength indicators, after reaching oversold levels, hitting the resistance of EMA50 in its last moves, accompanied by testing minor bearish trend line on the short-term basis, increasing the importance of this level as a main resistance that will detect the upcoming trend.