The (Gold) price declined in its last trading in its intraday levels, due to its reach to the resistance of its EMA50,  to gain positive momentum that might help it to get rid of this negative pressure, and attempts to offload some of its clear overbought conditions on the (RSI), amid the dominance of strong minor bullish wave on the short-term basis and its trading alongside a supportive bias line for this trend.

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The (EURUSD) settled low in its last intraday trading, in an attempt to gather the gains of its previous rises, attempting to gain positive momentum that might help it to rise again by offloading some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid its trading alongside a minor bullish trend line on the short-term basis, by continuous negative pressure by its trading above EMA50, reinforcing the positive pressures around the pair.

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The price of (ETHUSD) continued its rise in its last intraday trading, despite the reach of the (RSI) reach to overbought levels, indicating the dominance of the positive momentum around the price, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the main bullish trend on the short-term basis, and its trading alongside a minor supportive bias for this trend.

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The price of (BTCUSD) succeeded in breaching the main resistance of $120,000 in its last intraday trading, confirming the strength of the bullish momentum that dominates its trading, and still moving alongside a minor bullish trend line on the short-term basis, indicating the continuation of the bullish trend dominance, especially with the strong technical support due to its stability above EMA50.

The (RSI) indicators reinforced this rise by the emergence of clear positive signals, supporting the chances of the bullish move’s extension towards higher levels on the near-term basis, especially if it settles above the breached barrier.

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