GBPUSD kept declining in its last intraday trading, affected by the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, despite reaching oversold levels, to surpass the support of minor bullish trend line on a short-term basis, putting more negative pressures in the upcoming period.

Bitcoin’s price rose in its last intraday trading, taking advantage of its stability on EMA50’s support, providing bullish momentum that helped it achieve clear gains, after previous bearish wave that looked for rising low to use it as a base to rally higher again.

This improvement comes amid the dominance of the main bullish trend on the short-term basis, with the trading alongside supportive trend line, besides forming positive divergence on the relative strength indicators after reaching exaggerated oversold levels compared to the price move, with the emergence of positive overlapping signals that support the chances of continuing the rise in the upcoming period.

Crude oil settles with limited gains in its recent intraday trading, after offloading the oversold conditions on the relative strength indicators, besides offloading some of its previous trading, in attempt to build temporary consolidation base.

There are signals for a decline in the bullish momentum, with the emergence of negative overlapping signals on the relative strength indicators, accompanied by the continuation of the negative pressure due to the trading below EMA50, amid the dominance of the main bearish trend on the short-term basis, keeping the current moves within limited corrective frame.

Gold declined in its recent intraday trading, leaning on EMA50’s support, in attempt to gain bullish momentum that might help it to recover and resume the rise in the upcoming period.

This decline comes amid the continuation of the main bullish trend dominance on the short-term basis, with the trading alongside supportive trend line for this track, beside the emergence of the positive signals from the relative strength indicators after reaching oversold levels, which supports the chances of the positive rebound on the near-term basis.