The EURUSD price rose during its latest intraday trading, preparing to test the key resistance level at 1.1635, which represents a crucial level that could determine the pair’s direction in the near term.
This upward move is supported by positive signals from the relative strength indicators, besides trading above EMA50, which reinforces the stability of the corrective bullish wave dominating its short-term movement, especially as it moves alongside a supportive trendline.
The (BTCUSD) price slipped lower in its last intraday trading, surrendering to the continued negative pressure due to its trading below EMA50, after it failed to get rid of the negative signals emergence from the relative strength indicators, after reaching overbought levels, on the other hand, the main dominant trend on short-term basis is the bullish trend, with its trading alongside supportive trend line for this path.
The (crude oil) price rose in its last intraday trading, to retest the key resistance at $92.00, supported by the emergence of the positive signals from the relative strength indicators, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, threatening any current gains with a potential reversal at any time.
Gold’s price keeps its early gains in its last intraday trading, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, on the other hand, the negative pressure that comes from trading below EMA50, reducing the chances of sustainable recovery on near-term basis.