The (crude oil) rose in its last intraday trading, in attempt to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside minor trend line.
The (Gold) settled higher in its last intraday trading, as it leaned on the minor bullish trend line’s support on the short-term basis, after reaching oversold levels, reinforcing the bullish momentum, amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of sustainable recovery on the near-term basis.
The (EURUSD) kept declining in its last intraday trading, amid the emergence of the relative strength indicators, after forming negative divergence that increased the negative momentum, amid the dominance of the main bearish trend and its trading alongside minor trendline on the short-term basis.
The price of (ETHUSD) kept declining in its last intraday trading, reaching our morning suggested target at $2,685 support, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the dominance of the main bearish trend on the short-term basis, especially with its trading alongside supportive minor trend line for this trend.