The (BTCUSD) price rose in its last intraday trading, attempting to recover some previous losses and attempts at the same time to offload some of its clear oversold conditions on the relative strength indicators, after reaching oversold levels, to hit the resistance of EMA50, amid the dominance of bearish corrective wave on a short-term basis.
The (crude oil) price continued its cautious rise in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, but the price remains under negative pressure due to its trading below EMA50, making the recovery attempts useless until this moment, and it might decline in its upcoming trading.
(Gold) rose in the last intraday trading, affected by leaning on EMA50’s support, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, gaining renewed bullish momentum that helped it to achieve the gains, amid the dominance of the main bullish trend on the short-term basis.
The (EURUSD) declined in its last intraday trading, leaning on the key support level at 1.1655, this support represents our expected target in our previous analysis, amid the dominance of bearish corrective wave on the short-term basis, with its trading alongside supportive trend line for this trend, besides the continuation of the negative pressure due to its trading below EMA50, forming intensifying pressure that might lead it to extend its losses on the near-term basis.