EURUSD declined slightly in its latest intraday trading after hitting the current resistance level at 1.1730. This decline appears to be a natural profit-taking move following the previous upward wave, as the pair attempts to rebuild momentum needed to break through this resistance, accompanied by offloading overbought conditions on the relative strength indicators, especially with the emergence of a negative crossover.

Despite this, the overall outlook remains positive. The pair exited a bearish corrective price channel and continues to trade above its EMA50, which provides dynamic support and reinforces the chances of a renewed upward move in the near term.

Bitcoin (BTCUSD) rose in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, and the stability of the support level at $75,500, on the other hand, the bearish corrective trend is dominant on the short-term basis with the trading within steep bearish channel’s range, with the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery on the near-term basis.

Crude oil prices kept declining in its recent intraday trading, in attempt to look for higher low to take it as a base to help it gain the required positive momentum for its recovery, amid the emergence of the negative signals from the relative strength indicators, to lean at $101.50 support, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis.

Gold settles onto strong gains during its recent intraday trading, to test minor bearish trend line on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery on the near period, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative crossover.