The (BTCUSD) price rose in its recent intraday trading, with the emergence of positive overlapping signals on the relative strength indicators, if it manages to offload its overbought conditions, attacking minor bearish trend line on a short-term basis, amid the continuation of the negative pressure due to its trading below EMA50, reducing the possibilities of the price recovery on a near-term basis.
The (crude oil) witnessed strong gains in its last intraday trading, breaching the key resistance at $58.00, taking advantage of the emergence of the positive signals on the relative strength indicators, reaching overbought levels, indicating a quick decline for the bullish momentum, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduce the chances of the price recovery on the near-term basis.
(Gold) extended its early gains today, taking advantage of its trading alongside minor trend line on the short-term basis, with the emergence of positive signals on the relative strength indicators, reaching the resistance of its EMA50, in attempt to get rid of its negative pressure.
The (EURUSD) declined in its last intraday trading, due to the stability of the resistance at 1.1540, amid the dominance of the main bearish trend and the trading alongside minor trend line on the short-term basis, with the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move.