The (GBPUSD) price rose in its last trading, attempting to recover some of its previous losses, and offloading some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals.
This rise comes amid the continuation of the negative pressure that comes from its trading below EMA50, the trading alongside bearish correctional trend line intensifies the negative pressure on the short-term basis and indicates the dominance of the selling powers on the pair.
The price of Bitcoin (BTCUSD) recorded a rise in its last intraday trading, supported by the continuation of its trading above EMA50, providing dynamic support for the price, this rise comes amid the dominance of the main bullish trend on the short-term basis, with the stability of the price alongside a bullish bias line.
At the same time, the positive signals from (RSI) reinforce the possibilities for the recovery continuation, especially after the (RSI) reach to oversold levels, indicating a gradual regain for the bullish momentum and opens the way for more upside moves in the upcoming trading.
The (crude oil) recorded a slight rise in its last intraday trading, attempting to recover some of its previous losses, supported by positive signals that appear on the (RSI), after it succeeded in offloading the oversold conditions that had reached exaggerated levels previously.
Despite this rise, the price remains under clear technical pressure due to its trading below EMA50, besides its negative affection by breaking the main bullish trend on the short-term basis, making any bullish move face fluctuation unless there are strong motivators that support its continuation.
The (Gold) price rose in its last intraday trading, taking advantage of its lean on the support of EMA50, which helped to decelerate the previous bearish wave and provide a chance for the price to settle, accompanied by the emergence of positive overlapping signals on the (RSI), after reaching oversold levels.
These indicators reinforce the potential recovery attempts, especially with the continuation of the main bullish trend on the short-term basis, and the trading alongside a minor bias line that supports the bullish move, if the bullish momentum continues, we might witness a new bullish wave.