The (GBPUSD) price declined in its last trading on the intraday levels, due to the stability of the key resistance at 1.3180, attempting to gain bullish momentum that might help it to recover and breach this resistance, attempting to offload some of its overbought signals on the relative strength indicators, amid the continuation of the bullish momentum due to its trading above EMA50, reinforcing the dominance of bullish corrective wave on the short-term basis especially with its trading alongside trendline.

Bitcoin (BTCUSD) declined in its last intraday trading, settling below the key psychological support at $100,000, reinforcing the negative pressure on the price movement, especially with the emergence of the negative signals on the relative strength indicators, indicating the continuation of the buying momentum weakness.

This decline accompanied by pressure of the price trading below EMA50, reducing the possibilities of quick recovery on a near-term basis, reinforcing the dominance of the bearish trend on a short-term basis, and any rebound attempts will be prone to failure unless the price returns the lost support level.

Crude oil prices jumped higher in their last intraday trading, supported by the stability of the key support at $58.75, besides the emergence of positive signals on the relative strength indicators after its rebound from the oversold levels, this improvement in momentum has restored confidence in the price action and supported the price attempts to break out of its recent weakness.

The price succeeded in surpassing the EMA50’s resistance, surpassing its negative pressure to active the bullish track on the near-term basis and opens the way for a new wave of potential gains in its upcoming trading.

Gold rose in its last intraday trading, taking advantage of its strong rebound at the key support at $4,155, gaining bullish momentum that allowed it to achieve these gains, accompanied by the emergence of positive overlapping signal on the relative strength indicators after reaching exaggerated oversold levels that might support the continuation of the bullish trend in the upcoming periods.

This improvement comes amid the stability of the price above EMA50, which forms key support that reinforces the stability of the bullish movement, and its trading alongside minor bullish trend line on the short-term basis confirms the dominance of the bullish wave, increasing the possibilities of extending the gains if the price keeps its trading above the current support levels.