The (BTCUSD) declined in its last intraday trading, after reaching our morning target at $106,400 resistance, reaching the resistance of its EMA50, which put it under the negative pressure that led it to break a main bullish trend on the short-term basis, to end the fluctuation by moving lower, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels.
The (crude oil) witnessed fluctuated trading in its last intraday trading, attempting to gain a positive momentum that might assist it to breach the critical resistance at $75.00, amid the continuation of the positive pressure due to its trading above it EMA50, and under the domination of the main bullish trend on the short-term and its trading alongside a bias line, besides the beginning of the positive signals on the (RSI), after reaching oversold levels.
The (Gold) declined in its last intraday trading, after it succeeded in offloading its oversold conditions that was clear on the (RSI), and it’s under negative pressure due to its trading below its EMA50, which forms a dynamic resistance that prevents the price recovery, affected by breaking the bullish trend line on a short-term basis.
The (EURUSD) fluctuated in its last intraday trading, the price attempts to offload some of its clear overbought levels on the (RSI), specially with the emergence of the negative signals on them, noticing forming a negative divergence that increases the negative pressure, taking advantage from the dynamic support that is represented by its trading above its EMA50, and under the bullish trend domination on the short-term basis and its trading alongside a bias line, keeping its positive move.