Evening update for bitcoin -13-05-2025

The crude oil price rose in its last intraday trading, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), after reaching oversold levels.

The EURUSD rose in its last intraday trading, to succeed in offloading its clear oversold conditions on the (RSI), retesting the resistance level at $3,260, amid a bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50.

The EURUSD rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, to settle above the resistance at 1.1150, this level represents 50%Fibonacci correction level for the last bullish wave on the short-term basis(from 1.0730 to 1.1572), but the bearish correctional trend remains the dominant, with the continuation of the negative pressure due to its trading below the EMA50.