Bitcoin’s price declined during its last intraday trading in a corrective move to look for a new higher low to use as a technical base to help it rebuild the bullish momentum and recover and rise again in the upcoming period.

This decline comes amid the continuation of the dynamic support that is represented by the trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis, accompanied by the relative strength indicators’ entering sharp oversold levels, which suggests beginning forming positive divergence that might support the bullish rebound scenario.

Crude oil prices settle at downside levels after experiencing sharp losses in the last intraday trading, to look for rising low that might form technical base to help it rebuild the bullish momentum and recover in the upcoming sessions, especially after leaning on EMA50’s support, which helped the price to settle and begin clear fluctuating move.

Accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching sharp oversold levels, exaggeratedly compared to the price move, indicating likelihoods of beginning to form positive divergence, which supports stopping the losses and eases the way for a recovery and a new rise on the near-term basis.

Gold continued its fluctuated trading on its recent intraday levels, amid its attempts to gain new bullish momentum that might help it to recover and resume its profit wave in the upcoming period, after the recent dominant fluctuation.

This performance comes amid the continuation of the dynamic support that is represented by the trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside supportive trend line, besides the emergence of the positive signals from the relative strength indicators, which might support the chances of gradual return to the upside.

The (EURUSD) price declined in its last intraday trading, after retesting 1.1615 resistance, where it failed to continue the rise, to enter new downside move that indicate the continuation of the selling pressure on short-term basis.

This decline comes after offloading some of its oversold conditions of the relative strength indicators, opening the way for renewing the negative pressure, amid the dominance of the bearish corrective trend and the trading within bearish channel’s range, besides the continuation of the dynamic pressure due to its trading below EMA50, which reinforces the stability of the bearish overview in the near period.