The (EURUSD) price witnessed fluctuated trading on its last intraday levels, where it attempts to gather the gains of previous rises, accompanied by its attempts to gain a new bullish momentum that may support resuming the strong bullish wave on the near-term basis, amid the continuation of bullish corrective wave dominance on the short-term basis, with the trading alongside trend line that reinforces this bullish trend.
Despite entering overbought levels by the relative strength indicators, the renewed bullish signals remain supporting the bullish scenario, providing ability to expand its gains if it keeps the current momentum and surpasses the near resistance levels.
The (BTCUSD) price slipped lower in its recent intraday trading, surrendering to the negative pressure due to its reach to the resistance of its EMA50, affected by breaking bullish corrective trend line on the short-term basis, besides the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold conditions, intensifying the negative pressure.
The (crude oil) witnessed fluctuated trading on its last intraday levels, supported by the emergence of positive signals on the relative strength indicators, offloading its oversold levels, affected by breaking bullish corrective trend line on the short-term basis, with the continuation of the negative pressure due to its trading below its EMA50, reducing the chances of sustainable recovery on the short-term basis.
The (Gold) price returned to rise in its last intraday trading, after offloading its overbought conditions on the relative strength indicators, opening the way for achieving more gains in the upcoming period, especially with the dynamic support that is represented by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside supportive trendline for this track.