The price of Bitcoin (BTCUSD) recorded a rise in its last intraday trading, supported by the continuation of its trading above EMA50, providing dynamic support for the price, this rise comes amid the dominance of the main bullish trend on the short-term basis, with the stability of the price alongside a bullish bias line.
At the same time, the positive signals from (RSI) reinforce the possibilities for the recovery continuation, especially after the (RSI) reach to oversold levels, indicating a gradual regain for the bullish momentum and opens the way for more upside moves in the upcoming trading.
The (crude oil) recorded a slight rise in its last intraday trading, attempting to recover some of its previous losses, supported by positive signals that appear on the (RSI), after it succeeded in offloading the oversold conditions that had reached exaggerated levels previously.
Despite this rise, the price remains under clear technical pressure due to its trading below EMA50, besides its negative affection by breaking the main bullish trend on the short-term basis, making any bullish move face fluctuation unless there are strong motivators that support its continuation.
The (Gold) price rose in its last intraday trading, taking advantage of its lean on the support of EMA50, which helped to decelerate the previous bearish wave and provide a chance for the price to settle, accompanied by the emergence of positive overlapping signals on the (RSI), after reaching oversold levels.
These indicators reinforce the potential recovery attempts, especially with the continuation of the main bullish trend on the short-term basis, and the trading alongside a minor bias line that supports the bullish move, if the bullish momentum continues, we might witness a new bullish wave.
The (EURUSD) recorded a slight rise in its last intraday trading, in an attempt to recover some of its losses, accompanied by attempts to offload the oversold conditions that come from (RSI), and there are positive overlapping signals.
The pair faces technical pressures, due to the continuation of the trading below EMA50, and affected by the dominant bearish correction on the short- term basis, trading alongside a bias line, indicating the difficulty of this phase unless strong breaching signals appear.