The (EURUSD) price extended its decline during its latest intraday trading, breaking below the 1.1690 support level. This is a negative signal reflecting the continued dominance of the short-term bearish corrective trend. The price is currently moving along a supporting trendline for this move, indicating an orderly downward movement and sustained pressure on the pair during this phase.

The price is also facing additional negative pressure as it continues to trade below EMA50, which reduces the chances of a near-term recovery. This comes alongside ongoing negative signals from relative strength indicators, after the pair managed to relieve part of its oversold condition, giving it more room to continue declining and record further losses in the coming period.

Bitcoin (BTCUSD) surged high in its last intraday trading, to breach $79,300 key resistance, supported by its continued trading above EMA50, which reinforce the stability and dominance of the main bullish trend on short-term basis, noticing the beginning of positive overlapping signals emergence from the relative strength indicators, after offloading its overbought conditions, which opens the way for extending its gains in the upcoming near period.

Crude oil prices rose strongly in its recent intraday trading, supported by its continued trading above EMA50, which provides dynamic support base to gain renewed bullish momentum, amid the dominance of the main bullish trend on the short-term basis, besides the emergence of the positive signals from relative strength indicators after reaching oversold levels.

Gold deepened its losses in its recent intraday trading, reaching the main support level at $4,500, which was an expected target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, with its trading alongside minor bearish trend line on the short-term basis, noticing the emergence of the negative signals from the relative strength indicators.