Bitcoin (BTCUSD) rose in its last intraday trading, affected by the positive momentum that comes from the stability of the key support at $58,000, supported by the emergence of the positive signals from the relative strength indicators, as they entered overbought levels, as a clear signals for a quick fading for this momentum, keeping the negative threatens valid, especially with reaching EMA50’s resistance, amid the dominance of the main bearish trend on the short-term basis.

Crude Oil prices declined in their latest intraday trading, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the dominance of the main bearish trend on the short-term basis, with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, which limits its downside moves in the near upcoming period.

Gold settles with strong gains in its recent intraday trading, supported by the stability of the key psychological support level at $4,000, providing positive momentum that reinforced by bullish signals from the relative strength indicators after they reached deeply oversold levels. Gold is now testing the pivotal resistance level at $4,100, a key resistance that will determine its near-term direction, accompanied by testing the EMA50’s resistance, adding further significance to this resistance zone.

The EURUSD pair declined in its latest intraday trading, breaking a short-term bullish corrective trend line, ending hopes of a full recovery in the near term. The pair continues to face negative pressure as it remains below the EMA50, while relative strength indicators continue to generate negative signals, reinforcing the bearish pressure.