The (EURUSD) settled high in its last intraday trading, after breaching bearish correctional trend line on the short-term basis, which represents an early technical sign for a potential turn in the track, accompanied by releasing the negative pressure of the price due to its previous trading below EMA50, which opened the way for catching breath after a strong bullish wave.
This relative stability might provide a preparatory foundation for a new rise, especially with the continuation of the positive signals from the (RSI), if the price manages to keep this positive performance, if the price witnesses a new rise to higher resistance levels in a potential bullish wave frame.
The (BTCUSD) declined in its last intraday trading, after its failure in surpassing the negative pressure of the EMA50, attempting to gain a bullish momentum that might assist it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for this trend.
The (crude oil) witnessed fluctuated trading in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EMA50, with its trading alongside a main bullish trend line on the short-term basis, with the beginning of forming positive divergence on the (RSI), after reaching oversold levels, exaggeratedly compared to the price move, with the beginning of the positive signals from there.
The (Gold) rose strongly in its last intraday trading, to reach our morning suggested target at the main resistance of $3,400, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, with the emergence of the positive signals on the (RSI), despite reaching overbought levels.