The (Gold) price declined in its last intraday trading, after it opened its trading with gains couldn’t keep it, to bounce back quickly and turn it to losses, this came after reaching the resistance of the EMA50, forming a dynamic barrier against the rising attempts.

This decline is caused by breaking a bullish trend line on the short-term basis, as a signal for the weakness of the bullish momentum, accompanied by the emergence of the negative signals on the (RSI), which reached exaggerated overbought level, suggesting the beginning of forming a negative divergence that reinforces the chances for the continuation of the bearish track on the near term basis.

The (EURUSD) declined in its last intraday trading, affected by its exit from a minor bullish channel range that was supporting its previous moves on the short-term basis, which led to changing the trend to the downside temporarily.

This decline is accompanied by the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels, which increased the possibilities for the correction, this negative pressure was caused by breaking the support of EMA50, easing the way for declining on the intraday basis, unless regaining the balance above the significant technical levels quickly.

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.