Bitcoin (BTCUSD) remains under sharp losses during recent intraday trading, after breaking below its EMA50, which exposed the price to increased negative pressure and led to deeper losses. The cryptocurrency also broke a major short-term upward trendline, reducing the chances of a near-term recovery, especially amid continued negative signals from the relative strength indicators after reaching heavily overbought levels.

Crude oil prices edged slightly lower during recent intraday trading, as the market took profits following previous gains. The price is attempting to build positive momentum that could support the continuation of its strong gains in the near term. It is also trying to ease some of the clear overbought conditions shown on the relative strength indicators, especially as a negative crossover started to appear. At the same time, dynamic support remains intact, with prices continuing to trade above EMA50, while the main short-term trend remains bullish.

Gold price witnessed fluctuating trading on its recent intraday levels, amid the attempts of recovering some of its previous losses and offloading some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the dominance of steep minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which intensifies the negative pressure on the price.

The EURUSD price settles with consecutive series of losses in its last intraday trading, amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the positive signals of the relative strength indicators, after reaching oversold levels, which reduced the last losses, due to its neediness to offload some of the oversold conditions.