The (BTCUSD) surged higher in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, besides the emergence of positive signals from the relative strength indicators, despite reaching overbought levels.
The (crude oil) price soared high in its last intraday trading, reaching $61.00 resistance, which represents our expected target in our previous analysis, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of minor bullish wave on the short-term basis, despite the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, indicating the volume and strength of the bullish momentum.
(Gold) declined in the last intraday trading, to attempt to gain bullish momentum that might help it to resume its gains again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, with the emergence of positive signals on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move.
The (EURUSD) price declined in its last intraday trading, amid its trading within bearish corrective channel’s range on a short-term basis, with the continuation of the negative pressure due to its trading below EMA50, breaking the current support at 1.1655, to confirm deepening its losses in the upcoming period.