The EURUSD pair declined in its latest intraday trading, breaking the support of the bullish corrective channel that contained its short-term movement, as a signal for reinforcing the return of selling pressure and resuming the bearish trend.

The decline is accompanied by the decline below EMA50, reinforcing the negative outlook, besides the emergence of negative signals from the relative strength indicators after forming negative divergence, showing a decline in the buying momentum and reducing recovery attempts in the near period, preferring the continuation of the bearish trend and targeting lower support levels.

Bitcoin (BTCUSD) surged higher in its last intraday trading, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the positive and dynamic support that is represented by its trading above EMA50, gaining bullish momentum that helped it to achieve these gains, after offloading its overbought conditions on the relative strength indicators, opening the way for extending these gains in the near upcoming period.

Crude Oil prices continued cautious and corrective rise in their latest intraday trading, amid the dominance of the main bearish trend on the short-term basis, with a negative pressure that comes from its trading below EMA50, intensifying the negative pressures on the price, especially with the emergence of negative overlapping signals from the relative strength indicators after reaching overbought levels.

Gold declined in its recent intraday trading, amid the attempts of gaining bullish momentum to help it recover and rise again, with the dominance of bullish corrective wave on the short-term basis, benefiting from its trading above EMA50, reinforcing the chances of a recovery in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators.