The (crude oil) price rose in its last intraday trading, after its leaning on EMA50’s support, gaining some bullish momentum that helped it achieve these gains, preparing to reach the current resistance at $63.50, taking advantage of its trading alongside bullish trend line on short-term basis, besides offloading its overbought conditions on relative strength indicators, opening the way for extending the gains in the intraday basis.

Gold price declined in its last intraday trading, to settle below $5,000 resistance, as it reached EMA50’s resistance, which forced it to rebound lower especially with the emergence of the negative signals from relative strength indicators, after reaching overbought levels, besides the dominance of bearish corrective wave on short-term basis.

(EURUSD) settles on a decline in its last intraday trading, amid the emergence of negative signals from relative strength indicators, after forming negative divergence that increases the negative pressures, amid the dominance of bearish corrective wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of the price recovery on near-term.

ADAUSD price recorded a decline in its latest intraday trading, following the stabilization of the key resistance level at $0.2937. Negative pressure remains in place due to continued trading below its SMA50, which reinforces the stability and dominance of the main short-term downtrend, with price action moving along a trend line supporting this bearish path. The recent pullback came after the RSI managed to unwind its oversold conditions, opening the way for further near-term losses.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $0.2937 resistance level remains intact, to target the key support at $0.2659.

Expected trading trend: Bearish