Bitcoin price (BTCUSD) settled, keeping its last gains within its intraday trading, after reaching our previous target at $106,000 level, and the price is attempting to gain more of the positive momentum that allows it to breach tis resistance, accompanied by its attempt to offload its overbought conditions on the (RSI), that began to show some initial negative signals.

This movement comes within the dominant bullish trend on the short-term basis, supported by the continuation of the trading above its EMA50, besides its trading alongside a bullish bias line, which reinforces the possibilities for continuing the rise, in case breaching the current resistance successfully.

Crude oil price managed to settle in its recent intraday trading, after reducing its losses, taking advantage of its lean on a bullish correctional trend line on the short-term basis, accompanied by its lean on the support of its EMA50, which reinforced its ability to bounce higher.

This movement was supported by consecutive positive signals from the (RSI), which suggest the return of the overbought momentum gradually, providing opportunity for building a new bullish wave, if it settles above the key technical support levels.

Gold price rose with fluctuated trading in its intraday levels, where it rose at the opening of this week trading with a positive support by the positive signals of the (RSI), after offloading some of its overbought conditions, to test a bearish correctional bias on the short-term basis, facing negative pressure amid its affection by its continuous trading below its EMA50, forcing it to rebound lower to decrease its early gains.

The (EURUSD) price jumped to the upside in its recent intraday trading, affected by the stability of the support at 1.1150, this level represents 50% Fibonacci correction for the last bullish wave (from 1.0730 to 1.1572), providing some of the positive momentum that assisted it to achieve these gains.

This comes due to the trading within a bearish correctional channel on a short-term basis, with the continuation of the negative pressure that comes from its trading below its EMA50, besides the emergence of the negative signals on the (RSI).