Evening update for Bitcoin -21-05-2025

The crude oil price declined in its last intraday trading, affected by the stability of the resistance at $63.50, with the emergence of the negative signals on the (RSI), leaning on the support of its EMA50, accompanied by testing a bullish correctional trend line on the short-term basis, as the last attempt for gaining a positive momentum that might assist it to recover and rise again.

The Gold price rose in its last intraday trading, amid its stability above $3,300, supported by its continuous trading above its EMA50, and its trading alongside a minor bullish bias on the short-term basis, on the other hand, we notice the emergence of the negative signals on the (RSI), after reaching overbought levels, which decelerate the rise of the precious metal temporarily.

The EURUSD price continued to rise in its last intraday trading, under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of the negative signals on the (RSI), after reaching overbought levels, providing chances for temporary bearish correctional rebounds.