Ethereum price declined in its last trading on the intraday levels, where it moves under a clear domination for the bearish trend on the short term basis, and it keeps trading beside a trend line, which reinforces the negative pressure on it, especially with the continuation of its move below the EMA50, which pushed the bearish track to record its lowest levels since the last quarter of 2023, in a clear signal for the continuation of the selling momentum until this moment.

The (NZDUSD) declined in its intraday trading levels, after managing to reduce some of the early losses, in a brief attempt to recover part of the previous losses. At the same time, it is trying to recover some of its clear overbought condition as indicated by the Relative Strength Index (RSI), following sharp losses at the end of last week’s trading.

The price of the (USDCHF) roses in its latest intraday trading, in an attempt to recover some of the previous losses. However, the overall short-term downtrend remains dominant, with the price moving along a downward trend. There is continued negative pressure as the price trades below the EMA50. also, we are noticing the emergence of a negative overlapping signals in the (RSI), after they reached highly overbought levels compared to the price movement, which reinforces the negative scenario.

Gold price  succeeded to turn its early losses into gains after its steadiness above the psychological support level at 3,000$, this stability regain some of the positive momentum for the price, which assisted the price to return some of its previous losses and alleviate some of the clear selling pressure, especially, with the issuance of positive signals from the  (RSI).

On the other hand, there are negative pressure, specially, after breaking the main bullish trend line of the short -term basis, beside the continuation of its trading below the EMA50 rebound.