The (EURUSD) price settles on limited gains in its last intraday trading, supported by its trading alongside minor bullish trend line on short-term basis, indicating the continuation of the relative positive momentum, accompanied by the beginning of positive overlapping signals on relative strength indicators, after offloading the overbought levels, opening the way for the attempt of recording extra gains in the near period.
There is pressure, however the price is moving below EMA50 that represents dynamic resistance that might limit the ability of the continuing the rise, unless it breaches it and holds above it.
The (BTCUSD) price declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, keeping its attempts to gain bullish momentum that might help it to recover and rise again, affected by breaching minor bearish trend line on short-term basis, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on near-term basis.
The (crude oil) price rose on its last intraday levels, after reaching $63.50 support level, this support represents an expected target in our previous analysis, benefiting from the emergence of positive signals from relative strength indicators, after reaching oversold level, attempting to get rid of the negative pressure of EMA50, announcing its full recovery.
Gold price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, keeping its attempts to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic support due to its trading above EMA50, with its trading alongside minor bullish trend on short-term basis.