The EURUSD pair rose during highly volatile intraday trading, regaining stability above EMA50, providing dynamic support and improving the prospects for renewed bullish momentum.

This performance comes with the emergence of positive signals from the relative strength indicators, as a signal for the improvement of the bullish momentum, with the continuation of the bullish wave dominance on the short-term basis. The chances of resuming the recovery valid if the price keeps its trading above its moving average and the current support levels.

Bitcoin (BTCUSD) rose in its last intraday trading, leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals, amid the dominance of bullish corrective wave on the short-term basis.

Crude Oil price’s trading fluctuated on its last intraday levels, due to the stability of the resistance at $75.00, attempting to gather previous gains, to attempt to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the dominance of bullish corrective wave on the short-term basis, with the continuation of the negative pressure that comes from its trading above EMA50, reinforcing the chances of the rise return in the upcoming near period.

Gold witnessed fluctuating trading on its recent intraday levels, amid the dominance of the main bearish trend on the short-term basis, with its trading alongside minor trend line that supports this track, with a negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which helped the price to settles against these negative pressures.