The (BTCUSD) price declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, keeping its attempts to gain bullish momentum that might help it to recover and rise again, affected by breaching minor bearish trend line on short-term basis, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on near-term basis.
The (crude oil) price rose on its last intraday levels, after reaching $63.50 support level, this support represents an expected target in our previous analysis, benefiting from the emergence of positive signals from relative strength indicators, after reaching oversold level, attempting to get rid of the negative pressure of EMA50, announcing its full recovery.
Gold price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, keeping its attempts to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic support due to its trading above EMA50, with its trading alongside minor bullish trend on short-term basis.
(EURUSD) witnessed fluctuating move on its last intraday levels, taking advantage of its leaning on EMA50’s support, gaining bullish momentum that helped it to rebound higher, affected by breaching bearish corrective trend line on short-term basis, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels.