The (EURUSD) declined in its last intraday trading, looking for rising low to take a base that might help it to gain the required bullish momentum for its recovery, retesting1.1630 support level, accompanied by testing bullish corrective trend line on the short-term basis, amid the continuation of the positive support that comes from its trading above EMA50, forming positive divergence on the relative strength indicators.
The price of (ETHUSD) declined in its last intraday trading, to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line, and there is positive pressure due to its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.
Bitcoin (BTCUSD) prices declined in its last intraday trading, amid the stability of the solid resistance at $93,000, attempting to gain bullish momentum that might help it to breach this resistance, leaning on the support of EMA50 in its recent trading, as a last chance to recover, amid the dominance of the bullish corrective trend on the short-term basis.
Brent crude oil’s price trading fluctuated on the intraday basis, amid its trading within minor bullish channel’s range that limited its trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, to gain bullish momentum that might help it to recover and rise again, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there.