The (GBPUSD) price declined in its last intraday trading, affected by the dominance of bearish correctional wave on the short-term basis, which decreases the positive momentum and limits the recovery attempts. This decline came amid the continuation of the trading below EMA50, reinforcing the current negative overview on the near-term basis.

The emergence of the negative signals on the (RSI) increases the selling pressure, indicating the situation of losing the buying momentum and supports the continuation of the bearish correction, these factors keep the eyes on the next support levels that might be tested if the selling pressure continues.

The price of Bitcoin (BTCUSD) rose in its recent intraday trading, taking advantage of its stability above EMA50, which represents a dynamic support that reinforces the possibilities of the bullish track continuation, besides the move besides a bullish trend line on the short-term basis, indicating the dominance of the buying powers on the trading until now.

On the other hand, there are negative signs begin to appear on the (RSI), with the formation of negative overlapping signals and reaching exaggerated overbought levels, indicating the buying exhaustion, which might confine the upcoming gains or lead to some temporary downside moves, to offload this condition and gathering the required momentum to continue the rise later.

The (crude oil) declined in its last intraday trading, affected by the negative signs on the (RSI), after reaching overbought areas, which indicates losing the bullish momentum and might put more selling pressure on the price in the near period, this decline caused surpassing EMA50, intensifying the negative pressures and opening the way for more potential declines.

This decline came amid the continuation of the bearish correctional trend dominance on the short-term basis, as the markets need strong signs for near technical support to stop this decline, which increases the possibilities for completing the current bearish wave unless rebound signals appear or the price settles clearly.

The (Gold) price declined in its last intraday trading, affected by the dominance of the bearish correctional trend on the short-term basis, with the continuation of moving alongside a bias line, which indicates a negative technical behavior currently, accompanied by the emergence of negative signals from the (RSI), which increased the selling pressures on the price.

This last decline has surpassed the support of EMA50, which intensified the strength of the decline and supported the negative overview in the upcoming period, with the absence of clear signs for a strong bottom that might support near potential rebounds.