(BTCUSD) continued to decline during its latest intraday trading, reaching the key support level at $76,000 and preparing to break below it, amid continued negative pressure from trading below EMA50, reinforcing the dominance and stability of the short-term corrective bearish trend, particularly with negative signals emerging from the relative strength indicators, despite their reaching deeply oversold levels.
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Crude oil rose during its latest intraday trading, attacking the key resistance level at $101.00, driven by positive signals emerging from the relative strength indicators. This comes amid the dominance of the main bullish trend over the short term, with price movements alongside a minor trendline that reinforces the strength of this track, particularly with continued dynamic support from trading above EMA50, which increases the positive momentum surrounding the price.
MoreGold posted limited gains during its latest intraday trading, attempting to recover some of its previous losses, amid the dominance of the main bearish trend over the short term, with the trading alongside a trendline supporting this path, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of a near-term recovery, especially as negative signals have started to emerge from the relative strength indicators after the price managed to offload its oversold conditions.
MoreThe (EURUSD) witnessed mixed trading on its latest intraday levels amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the bearish corrective trend on the short-term basis, which puts negative pressure on the price, with the emergence of the positive signals from the relative strength indicators, and the stability of the key support at 1.1530, providing bullish momentum to face the negative pressures.
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