The (EURUSD) continued its decline in its last intraday trading, to exit minor bullish channel’s range that supported its move in the last period on a short-term basis, accompanied by surpassing the EMA50 to the downside, reinforcing the negative pressure.
Noticing the emergence of the negative signals on the (RSI), despite reaching oversold levels, indicating the continuation of the selling momentum, this scenario might open the way for targeting new support levels unless the price manages to return to its balance.
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The (BTCUSD) rose in its last intraday trading, affected by the stability of the support level at$114,500, gaining positive momentum that helped it to recover some of its previous losses, and it is attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of positive overlapping signals, amid the continuation of the negative pressure that comes from its trading below EMA50, affected by breaking a minor bullish trend line on the short-term basis.
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The (crude oil) witnessed mixed trading in its last intraday trading, amid the continuation of the key support level stability at $62.00, gaining some positive momentum besides the emergence of the positive signals on the (RSI), after reaching oversold levels, on the other hand, the negative pressure that comes from its trading below EMA50, and under the dominance of minor bearish wave on the short-term basis with its trading alongside a supportive bias line for this track.
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The (Gold) price kept declining in its last intraday trading, amid its trading within a minor bearish channel’s range that limits its previous trading on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, beside the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels compared by the price move.
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