The (EURUSD) price is rising in its last intraday trading, due to the dominance of the main bullish trend on the short-term basis, and there is negative dynamic pressure that is represented by its trading above EMA50, which reduces the chances of full recovery on the near-term basis, supported by positive overlapping signals from the relative strength indicators, after reaching oversold levels, exaggeratedly compared by the price move, indicating the beginning of forming positive divergence, which might open the way for temporary rise.
The (BTCUSD) price is experiencing fluctuated trading on its last intraday levels, amid its attempts to gain bullish momentum that might help it to breach the key resistance at $94,000, and it managed to offload its overbought conditions on the relative strength indicators, where it enters exaggerated oversold conditions compared to the price move, to indicate gathering renewed bullish momentum that might push the price to recover on the near-term basis, amid the dominance of the main bullish trend on the short-term basis.
The (crude oil) price rose in fluctuated trading on its last intraday levels, after reaching $58.70 resistance, which represents our expected target previously, attempting to gain bullish momentum to help it breach this resistance, leaning on EMA50’s support, gaining bullish momentum that help it to rebound quickly amid the dominance of the bullish corrective trend on the short-term basis.
(Gold) declined in the last intraday trading, attempting to offload some clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, gathering its positive strength that might help it to rise again, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis.