The EURUSD pair is holding lower in its latest intraday trading after the resistance level at 1.1790 remained firm, which was a target in our previous analysis.This comes within the context of a natural profit-taking phase following the recent bullish wave, while the pair attempts to regain positive momentum that could help it breach that resistance and resume its bullish trend

The pair is trying to ease the overbought conditions visible on the relative strength indicators, especially with negative signals starting to emerge. Nevertheless, the bullish trend remains dominant, supported by price trading above the EMA50, in addition to its movement alongside a supportive trendline.

Bitcoin (BTCUSD) declined during its latest intraday trading, amid emerging negative signals from the relative strength indicators after reaching heavily overbought levels. The price is attempting to ease some of this overbought condition.

At the same time, positive pressure remains due to trading above its EMA50, which supports the strength and stability of the main short-term uptrend.

Crude oil witnessed volatile movements during its latest intraday trading, where the price attempted to recover part of its previous losses through a quick rebound upward. At the same time, it tried to ease some of its clear oversold condition on the relative strength indicators, especially with the emergence of positive signals.

This comes while the price remains affected by breaking a key upward trend line in the short term, along with continued negative pressure due to trading below its EMA50, which reduces the chances of a sustained recovery in the near term.

Gold price saw a slight decline during its latest intraday trading after the resistance level at $4,700 held firm. The price is taking profits from its previous gains while attempting to build positive momentum that may help it breach this resistance.

At the same time, the price is trying to reduce its clear overbought condition on the relative strength indicators, with the beginning of a negative crossover appearing. This comes as dynamic support remains intact, with price trading above its EMA50, which enhances the chances of a near-term recovery.