Crude oil rose in its recent intraday trading, after its previous success in recovering its early losses quickly and turning it into intraday gains, benefiting its leaning on EMA50’s support, affected by its exit from minor bearish channel on short-term basis, which provided extra push for its settlement and rebound.

This rise occurred after offloading overbought conditions on relative strength indicators, opening the way for achieving more gains on a near-term basis, especially with the technical momentum’s improvement and its ability to keep its trading above the current dynamic support levels.

Gold extended its gains in recent intraday trading, breaching the key resistance at $4,225, which represents potential target in our previous analysis. This rise was supported by the negative signals of the relative strength indicators, despite reaching overbought levels, indicating the strength of the dominant momentum.

Gold also gets dynamic support by its trading above EMA50, which reinforces the stability of the minor bullish wave on short-term basis, especially with its trading alongside main and minor supportive trend line for this trend, providing an opportunity for more upside moves unless it faces clear pressures in the near period.

The (EURUSD) price rose in its last intraday trading, reaching key resistance at 1.1605, taking advantage of the dynamic support due to its trading above EMA50, reinforcing the bullish trend, especially with the dominance of bullish corrective wave on a short-term basis.

These moves accompanied by the positive signals of the relative strength indicators, indicating gradual improvement and supports the likelihoods of breaching the above-mentioned resistance, unless strong selling pressure appears to obstruct this technical rally.

The (BTCUSD) price declined in its last intraday trading, to continue its fluctuating trading, attempting to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the dominance of bullish corrective wave on the short-term basis and its trading alongside trend line.