The EURUSD pair declined during its latest intraday trading, as negative pressure continues due to trading below EMA50, which reduces the chances of a short-term recovery.

The pair is also moving along a short-term minor bearish trend line, reflecting continued dominance of the negative trend. This coincides with ongoing negative signals from the relative strength indicators, despite it reaching deeply oversold levels, which may limit any positive rebound attempts for now.

The (BTCUSD) price experienced sharp losses in its last intraday trading, to break minor bullish trend line on short-term basis, to continue the decline surpassing EMA50’s support, which intensifies the negative pressures in the upcoming near period, especially with the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels. 

The (crude oil) price rose in its last intraday trading, amid the dominance of the main bullish trend and its trading alongside minor supportive trend line, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals from the relative strength indicators.

Gold’s price slipped lower in its last intraday trading, breaking the psychological support level at $5,000, amid the continuation of the dynamic negative pressure due to its trading below EMA50, which led it to break $4,900 support, this support was an expected target in our previous analysis, with continuous negative pressure due to the negative signals from the relative strength indicators, under the dominance of minor bearish wave on short-term basis.