The (BTCUSD) price declined in its last intraday trading, leaning on EMA50’s support, in attempt to gain bullish momentum that might help it to rise again, amid the dominance of bullish corrective wave on short-term basis, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels.
The (crude oil) price extended its gains in its last intraday trading, taking advantage of the positive signal’s emergence from the relative strength indicators, with the continuation of the positive and dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.
Gold’s price declined in its last intraday trading, amid the stability of the stubborn resistance at $5,200, with the negative signals from relative strength indicators, surpassing EMA50’ support, reducing the chances of the price recovery in the upcoming near period, amid its trading alongside minor trend line on short-term basis.
(EURUSD) price deepened its losses in its last intraday trading, reaching our expected target at 1.1570 support, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, amid the dominance of the main bearish trend on short-term basis.