Bitcoin’s price settles on strong gains during its last intraday trading, after breaching the key resistance at $94,000, which represents key target in our previous analysis, indicating the strength of the dominant bullish momentum.

This bullish performance is supported by the emergence of the positive signals from the relative strength indicators, after reaching overbought levels, amid the dominance of the main bullish trend on short-term basis and the trading alongside supportive trend line for this trend, besides the continuation of the dynamic support that comes from its trading above EMA50, reinforcing the chances of extending the gains on the near-term basis.

Crude oil price declined slightly in its last intraday trading, affected by the stability of the key resistance at $61.00, which was our expected target in our previous analysis, which pushed it to begin natural profit-taking phase after the last rises.

This comes amid the attempts of offloading its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, to rebuild the bullish momentum, paving the way for an attempt to breach this resistance again, amid the continuation of minor bullish wave dominance on the short-term basis.

Gold rose strongly in its recent intraday trading, after its move within sideways range on the intraday basis, attempting to gain the required bullish momentum to push it towards recording new all-time highs, which succeeded in after strong buying liquidity returned.

This bullish performance is supported by the continuation of its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on the short-term basis, especially with its trading alongside supportive trend line for this track, besides the emergence from the relative strength indicators, after reaching oversold levels previously, opening the way for resuming its gains.

The (EURUSD) price kept declining in its last intraday trading, due to its trading within bearish corrective channel’s range that constrains its performance on short-term basis, indicating the continuation of the selling pressures and the dominance of the bearish bias on the pair.

This performance comes amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of its full recovery on a near- term basis, especially with the emergence of negative signals from the relative strength indicators, after offloading its oversold conditions, which suggests the likelihood of renewing the bearish pressure in the upcoming period.