The (EURUSD) price surged high in its last intraday trading, supported by breaching 1.1800 key resistance, confirming the strength of the dominant bullish momentum, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive minor trendline for this trend.
The price benefits from the continuation of the dynamic support due to its trading above EMA50, reinforcing the chances of profit’s stability, especially with the emergence of positive signals from relative strength indicators, despite its stability within overbought levels, which might impose temporary calmness on the upside track without effecting the main trend.
The (BTCUSD) price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, amid the continuation of negative pressure due to its trading below EMA50, affected by breaking main bullish trend line on short-term basis previously, these signals may extend the pressure on the price on the intraday basis.
The (crude oil) price settles on clear gains in its last intraday trading, breaching the key resistance at $60.5, supported by the emergence of positive signals from relative strength indicators, despite reaching overbought levels, with the continuation of positive pressure due to its trading above EMA50, under the dominance of the main bullish trend on short-term basis.
(Gold) rose in its last intraday trading, preparing to record new all-time highs, amid the stability of its last trading above $4,900 for the first time ever, approaching from recording third consecutive weekly gain, amid the dominance of the main bullish trend on short-term basis, after offloading its overbought conditions on relative strength indicators, opening the way for recording these intraday gains.