Bitcoin (BTCUSD) reinforced its gains in its last intraday trading, to recover amid the dominance of the bullish trend on the short-term basis, with its trading alongside supportive trend line for this path, besides the continuation of the positive pressure that comes from its trading above EMA50, which reinforces the chances of extending these gains in the near upcoming period, especially with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels.
Crude Oil price continued its trading within limited sideways range in its last intraday trading, amid its attempts to gain bullish momentum to help it breach the current resistance of $79.00, with the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line, on the other hand, there are negative signals from the relative strength indicators, reducing the last gains.
Gold rose in its recent intraday trading, attempting to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive crossover, amid the continuation of the negative pressure that comes from its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside supportive trend line for this path.
The EURUSD pair declined in its latest intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis.