The (crude oil) price settles on clear gains in its last intraday trading, breaching the key resistance at $60.5, supported by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, with the continuation of positive pressure due to its trading above EMA50, under the dominance of the main bullish trend on short-term basis.
(Gold) rose in its last intraday trading, preparing to record new all-time highs, amid the stability of its last trading above $4,900 for the first time ever, approaching from recording third consecutive weekly gain, amid the dominance of the main bullish trend on short-term basis, after offloading its overbought conditions on relative strength indicators, opening the way for recording these intraday gains.
(EURUSD) price rose in its last intraday trading, attacking the solid resistance at 1.1755, supported by its continuous trading above EMA50, under the dominance of strong minor bullish wave on short-term basis, after offloading its overbought conditions on relative strength indicators, opening the way for achieving more gains.
The price of (ETHUSD) settles on a decline in its last intraday trading, preparing to break $2,900 key support level, amid the dominance of steep 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 achieving full recovery on near-term basis, especially with the emergence of negative signals from relative strength indicators.