Crude oil settles lower after hitting the key support at $58.20, the expected target in our analysis, as holding above this level provided intraday stability despite increased selling, benefiting from this technical leaning without restoring bullish momentum.

Oil remains under clear negative pressure while trading below EMA50, limiting recovery chances, and affected by a short-term rising wedge pattern that reinforces bearish bias and supports continuation of its downward path.

Gold keeps moving slightly to the upside in its recent intraday trading, taking advantage of its stability above EMA50, keeping the dominant bullish track on a short-term basis and its trading alongside minor trend line that supports this trend. This stability supports the attempt to extend the positive move, depending on the recent bullish momentum.

On the other hand, the relative strength indicators reached clear overbought levels, exaggeratedly compared to the price move, with the beginning of forming negative overlapping signals that might increase the ability to achieve extra gains on the near term-basis, and increase the likelihoods of facing temporary corrective move unless its manages to reinforce the momentum above its current levels.

The (EURUSD) price settles lower in its last intraday trading, after breaking the support of bullish corrective channel that controlled the last trading of he pair, this break pushed the price to settle in lower zones, to indicate the decline of the bullish momentum and the weakness of the ability to regain its previous bullish track, especially with the stability below EMA50.

This comes with the continuation of the negative signals on the relative strength indicators, reinforcing likelihoods to extend the selling pressure on the intraday basis, increasing the chances of targeting new support levels unless it returns above the broken resistance.

The (BTCUSD) price rose slightly in its last intraday trading, supported by its continuous trading above EMA50, with the emergence of positive signals on the relative strength indicators, after reaching oversold levels, amid the dominance of the bullish corrective trend on the short-term basis with its trading alongside supportive trend line for this trend.