Bitcoin’s price declined in its last intraday trading, affected by the continuation of the negative pressure due to its trading below EMA50, approaching breaking $87,000 key support, which might intensify the selling pressures and open the way for more downside movements on a near-term basis.

On the other hand, there are technical signals supporting stability, and there are positive overlapping signals emerging from the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, which might help to stop the losses temporarily or support a limited rebound in the upcoming period.

Crude oil rose slightly during its recent intraday trading, within fluctuating trading, accompanied by gathering the gains of the price’s previous rises, besides its attempts to offload some of the clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals indicating temporary calm.

This performance comes amid the dominance of bullish corrective wave on the short-term basis, where the price is moving alongside supportive trend line for this track, besides the continuation of the dynamic support that comes from its trading above EMA50, which helped the price to regain its bullish strength and attempt to rise again after ending the profit-taking phase.

Gold price rose in its recent intraday trading, attempting to recover some of its previous losses, to attempt to recover some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them.

This improvement comes with the continuation of the negative pressures, affected by breaking minor bullish trend line previously, besides its trading below its EMA50, forming dynamic pressure to reduce the chances of achieving sustainable recovery in the near period.

The (EURUSD) price rose in its last intraday trading, taking advantage of leaning on EMA50’s support, which provided bullish momentum that helped it achieve clear gains and attempt to reinforce its bullish stability on the near-term basis.

This performance was accompanied by testing main bullish trend line on the short-term basis, besides the emergence of positive signals from relative strength indicators, which supports the continuation of the bullish moves, waiting for the price interaction with the key technical levels in its upcoming trading.