GBPUSD declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, attempting to look for rising low to take it as a base to help it gain the required bullish momentum for its recovery, to lean on EMA50’s support as a last chance for gaining this momentum, especially with the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.

Bitcoin’s price rose in its last intraday trading, taking advantage of its leaning on EMA50’s support, providing bullish momentum that helped it record these gains, amid the dominance of minor bullish wave on the short-term trading.

On the other hand, the relative strength indicators began sending negative signals after reaching overbought levels, which might limit the ability to continue the rise in the upcoming period, and may calm its trading or make a limited corrections before resuming the trend.

Crude oil rose declined in its recent intraday trading, affected by the emergence of negative signals on relative strength indicators after reaching overbought levels, within corrective movement that targets gathering momentum and absorbing previous gains.

This decline comes amid the continuation of the dynamic support that is represented by the trading above EMA50, reinforcing the stability and dominance of the bullish corrective trend on the short-term basis, especially with its moves alongside supportive trend line, keeping the recovery and rise chances valid in the upcoming period.

Gold rose in its recent intraday trading, taking advantage of the key support stability at $4,350, gaining the bullish momentum that helped it achieve these cautious gains, especially with the negative pressure that comes from its trading below EMA50, which limits the chances of strong rebound on the near-term basis, amid the dominance of the bearish corrective wave.

Accompanied by the cautious rise with the emergence of negative signals from relative strength indicators, after offloading its oversold conditions, indicating the possibility of the bearish trend return, making any current gains considered as temporary correction before resuming the selling pressures on the yellow metal.