The EURUSD extended its strong losses in recent intraday trading after breaking below the 1.1675 support level, which we had previously identified as a target in earlier analyses. This reflects growing selling pressure and continues weak technical performance in the short term.

The decline comes amid a sharp bearish corrective wave, while the pair continues trading below EMA50, which maintains negative pressure and strengthens the bearish outlook, limiting rebound opportunities for now. Meanwhile, relative strength indicators continue to send negative signals despite reaching heavily oversold levels.

Bitcoin (BTCUSD) witnessed sharp gains during its recent intraday trading sessions, to reach $82,000 key resistance, and recover its positive momentum and moves alongside supportive main bullish trend for this path, surpassing the negative pressure in the EMA50, to recover in the near upcoming period, especially with the emergence of the positive signals on the relative strength indicators.

Crude Oil prices witnessed fluctuated trading in recent intraday trading, attempting to gain bullish momentum that might help it to recover, especially with its stability at EMA50’s support, reinforcing the chances of its rise again, amid the dominance of the main bullish trend on short-term basis, with the beginning of forming positive divergence on the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them.

Gold price continues its fluctuating moves in its recent intraday levels, leaning on EMA50’s support, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the bullish trend on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold levels, which pushed negatively on its last trading and obstructed its recovery.