The (BTCUSD) extended its gains in its last intraday trading, after its success in breaching the current resistance at $106,500 amid its affection by surpassing a bearish correctional channel’s range that confines its previous trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above its EMA50, besides the emergence of the positive signals on the (RSI), after the price’s success in its previous trading in offloading its overbought conditions.
The (crude oil) rose in its last intraday trading, after it succeeded in offloading its overbought conditions on the (RSI), getting ready to attack the critical resistance at $64.75, supported by its continuous trading above its EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a trend line.
The (Gold) rose in its last trading on the intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, reaching the resistance of the EMA50, in attempt to offload these oversold conditions, amid its affection by surpassing a minor bullish channel’s range that confined its previous trading on a short-term basis.
The (EURUSD) got a positive push in its last trading on the intraday trading, to rise to lean on the support of its EAM50, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, preparing to attack the resistance level at 1.1440, on the other hand, we notice the emergence of negative overlapping signal on the (RSI), after reaching overbought levels that might decelerate the pair’s upcoming gains.