The (EURUSD) price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, which pushed it to surpass EMA50’s support, accompanied by surpassing main bullish trend line on short-term basis, as a technical signal has clear negative implications.
This improvement makes the price face more selling pressures in the upcoming period, especially when confirming breaking these support levels and holding below them.
The (BTCUSD) price declined during its last intraday trading, surpassing EMA50’s support, which put it under more negative pressure in its upcoming trading, especially with the dominance of the main bearish trend on short-term basis. This decline came despite the emergence of positive signals from relative strength indicators, after reaching oversold levels, and the selling power dominates the price strongly.
The (crude oil) price declined in its last intraday trading, affected by breaking main bullish trend line on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, increasing the negative pressures, despite the emergence of positive signals from relative strength indicators, in a clear signal for the volume of the negative pressure.
Gold price declined in its last trading on the intraday basis, amid the stability of the psychological resistance at $5,000, with the emergence of negative signals from relative strength indicators, exhausting its bullish chances, where it leans on its EMA50’s support, accompanied by its leaning on minor bullish trend line on short-term basis.