Evening update for Bitcoin -14-05-2025

The (crude oil) price witnessed mixed trading in its last intraday trading, attempting to gain a positive momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line, and the price rose after it succeeded in offloading its clear overbought conditions on the (RSI).

The Gold price declined in its last intraday trading, affected by the stability of the resistance level at $3,260, amid the dominance of the bearish correctional trend on the short-term basis, to break the critical support at $3,200 and settles below it, with the emergence of the negative signals on the (RSI).

The EURUSD price declined in its last intraday trading, affected by the stability of the critical resistance level at 1.1250, amid the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a trend line, with the formation of negative divergence on the (RSI), increasing the negative pressure on the pair.