The (crude oil) price rose in its last intraday trading, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis. The rise of the price came after offloading the overbought conditions on the relative strength indicators, opening the way for expanding its gains on the near-term basis.
Gold’s price settles in a decline in its last intraday trading, due to breaking minor bullish trend line on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, noticing the emergence of the negative signals from the relative strength indicators, after offloading some of its oversold conditions.
(EURUSD) price kept declining in its last intraday trading, to break 1.1465 support, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on short-term basis, especially with its trading alongside minor trendline.
The price of (ETHUSD) settles in a rise in its last intraday trading, settled above $2,100 resistance, to confirm breaching it technically, amid the dominance of the bullish corrective trend on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, noticing the emergence of the positive signals from relative strength indicators.