The (crude oil) declined in its last intraday trading, gathering the gains of its last rises, and attempts to gain a positive momentum by offloading some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines, reinforcing the stability of this positive trend.
The (Gold) price settled low in its last intraday trading, moving in limited sideways range trading, to target gaining the required positive momentum to recover, taking advantage of the dynamic support that is represented in its trading above its EMA50, and under the dominance of the bullish trend on the short-term basis and its trading alongside a bias line.
Accompanied by the emergence of the positive signals on the (RSI) after reaching oversold levels previously, to notice reaching exaggerated overbought levels compared by the price move, which suggests losing the positive momentum of the price and providing more of the sideways moves on the intraday levels.
The (EURUSD) rose in its last intraday trading, taking advantage of its lean on the support of EMA50, which provided some positive momentum to attempt to recover some of its previous losses.
The pair declined sharply yesterday after the stability of the resistance level at 1.1550, accompanied by the emergence of the negative signals on the (RSI), which pushed it to begin a bearish correctional wave on the short-term basis.
The (BTCUSD) deepens its losses in its last intraday trading, amid the emergence of the negative signals on the (RSI), despite reaching oversold levels, with the continuation of the negative pressure due to its trading below its EMA50, reaching to lean on the main bullish trend line on a short-term basis.