The (GBPUSD) price kept rising in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line that reinforces the stability of this bullish scenario, accompanied by the positive signals on the (RSI), despite reaching overbought levels.
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The price of Bitcoin (BTCUSD) slipped down in its last intraday trading, affected by the stability of the critical resistance at $109,000, which put it under intensified negative influence, besides the trading alongside main bearish trend on the short-term basis, besides the continuation of its trading below EMA50, reinforcing the dominant negativity.
This decline came after offloading the previous oversold condition on the (RSI), opening the way for more downside moves unless the price finds strong support to stop the bleeding and retests resistance levels again.
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The (crude oil) price continued its decline in the last intraday trading, affected by the negative signals on the (RSI), despite entering oversold levels, this pressure pushed the price to decline until it reached a key support area that is represented by EMA50, to form a critical leaning point that might detect the upcoming trend.
These level represent a last chance for the price to gain bullish momentum that might help it to recover and rise again, especially with its lean on bullish correctional trend line on the short-term basis, which might provide extra support, if the price manages to settle there.
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The (Gold) price witnessed fluctuating trading in its last intraday levels, to gain positive momentum that reinforces resuming its strong bullish track that ended its last week’s trading, and it succeeded in breaching the critical resistance at$3,435, indicating the strength of the bullish trend and its domination on the current moves.
This performance is supported by the continuation of the trading above EMA50, besides its move alongside main and minor bias lines, reinforcing the extension of this track. Noticing the emergence of positive signals on the (RSI), however it is in overbought levels, which might open the way for more rising attempts.
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