The (EURUSD) rose on the intraday basis after its rebound from the support line of short-term basis bullish trend, gaining a momentum to recover some of yesterday’s losses.
The negative pressure remains the dominant, with the continuation of its trading below EMA50, and the negative signals emerging from the (RSI), making any rise weak unless the price breaches critical resistance levels.
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The (BTCUSD) rose in its last intraday trading, in attempt to recover some of its early losses, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend and its trading alongside a supportive bias line for this track, besides the emergence of the negative signals on the (RSI), after offloading its oversold conditions, increasing the negative pressure on its upcoming trading.
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The (crude oil) extended its gains in its last intraday trading, affected by breaching the key resistance at $63.75, taking advantage of the dynamic support that is represented by its trading above EMA50, besides its affection by positive technical formation on the short-term basis, which is represented by the double bottom pattern, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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The (Gold) price rose in its last trading on the intraday basis, attacking the current resistance at $3,475, taking advantage of the its trading above EMA50, and under the dominance of its trading above EMA50, and under a minor strong bullish wave on the short-term basis, besides the emergence of positive overlapping signals on the (RSI), after the price success in offloading some of its overbought conditions, opening the way for achieving more of the gains on the near-term basis.
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