GBPUSD declined in its last intraday trading, breaking main bullish trend line on the short-term basis, putting it under negative pressure, which intensified by surpassing EMA50’s support, reinforcing the likelihoods of extending its losses on the near-term basis, with the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions.

Bitcoin’s price continues to achieve strong gains in its last intraday trading, after breaching $90,000 key resistance, which represents our expected target in our previous analysis, amid the dominance of minor bullish wave on the short-term basis with its trading alongside supportive trend line for this track.

This bullish performance is reinforced by the continuation of the dynamic support that comes from the trading above EMA50, besides the emergence of positive overlapping signals on the relative strength indicators, after offloading the overbought conditions in the previous trading, opening the way for extending its gains on the near-term basis.

Crude oil fluctuated sharply in its recent intraday trading, with the emergence of positive signals from the relatively strong indicators after reaching oversold levels, to offload this oversold condition and regain the bullish momentum on the short-term basis.

The rebound attempts reached the resistance of EMA50, which limited the ability to extend its gains and pushed it to bounce lower again, keeping the fluctuating valid amid the continuation of the main bearish trend on the short-term basis.

Gold rose in its recent intraday trading, taking advantage of the dominance of the main bullish trend on short-term basis, where it is moving alongside supported trend line for this trend, accompanied by the emergence of positive overlapping signals on the relative strength indicators after offloading the overbought conditions, opening the way for achieving more gains on a near-term basis.

On the other hand, the price is attempting to get rid of the negative pressure that comes from EMA50, which forms temporary obstacle against extending the rise, to prefer entering intraday fluctuating range before detecting its trend in the upcoming trading.