The price of Bitcoin (BTCUSD) settled high in its last intraday trading, attempting to breach the strong resistance at $120,000, supported by its stability above EMA50, reinforcing the bullish momentum currently, this comes amid the continuation of the main bullish trend on the short-term basis, and the trading alongside a supportive bias line.

On the other hand, we notice the emergence of the positive signals on the (RSI), despite reaching overbought levels that might indicate the possibility of the momentum weakness, if the rise continues without a correction, this condition might lead to sideways range moves or a temporary decline unless confirming breaching the current resistance level.

The (crude oil) settled with strong gains in its last intraday trading, supported by the attempt of recovering previous losses, where the price retested minor bullish channel’s support that confined the price in its previous trading on the short-term basis, accompanied by reaching the EMA50’s resistance, which adds technical pressure that might limit the continuation of this rise.

At the same time, we notice the (RSI) reach oversold levels, indicating the possibility of forming negative divergence, this signal may indicate the weakness of the positive momentum, and suggest potential return to the selling pressure unless confirming breaching the mentioned resistance.

The (Gold) price settled high in its last intraday trading, taking advantage of the continuation of the bullish trend, and its trading alongside a minor bullish bias line on the short-term. The price succeeded in surpassing the negative pressure of EMA50, adding dynamic support that reinforces its current stability.

Noticing the continuation of the positive signals on the (RSI), to indicate renewing the positive momentum and supports the chances for the continuation of the rise in its upcoming moves, if the price keeps its trading above the near technical support levels within the bullish technical track.

The (EURUSD) recorded a sharp rise in its last intraday trading, supported by the emergence of positive signals on the (RSI), but these indicators are showing exaggerated overbought conditions compared to the price move, indicating that ending the current bullish momentum is close.

This rise comes due to the bearish correctional trend pressure on the short-term basis, with the continuation of the trading alongside a bearish bias line, and its stability below EMA50, reinforcing the possibilities for facing a new bearish correction wave.