The (EURUSD) price rose in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, providing clear technical momentum that helped it to improve its image on a short-term basis, this improvement was crowned successfully breaking bearish corrective trend line, indicating a clear change in its movement.
Accompanied by surpassing EMA50’ resistance, surpassing the dynamic pressure and reinforcing the chances of extending its gains in near period, so the stability of these breached levels remains the key factor for the bullish momentum continuation, while the decline below it might turn the selling pressures back again.
The (BTCUSD) price extended its gains to its last intraday levels, supported by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, exaggeratedly compared to the price move, reaching EMA50’s resistance, intensifying the negative pressure on the price.
The (crude oil) price settles on a decline in its last intraday trading, leaning on $65.35 key support, amid the price attempts to look for higher low to use it as a base to help it gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on short-term basis.
Gold price is experiencing fluctuating trading on its last intraday levels, amid its attempts to gain bullish momentum that might help it to resume its gains, amid the dominance of the bullish trend on short-term basis with its trading alongside trend line, with the continuation of the dynamic support that is represented by its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on relative strength indicators, which reduces the price gains.