The (GBPUSD) price declined in its last trading, amid the continuation of the negative pressure that comes from its trading below EMA50, forming dynamic resistance that prevent its recovery in the previous trading, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of positive overlapping signals on the (RSI), after reaching oversold levels, which might decelerate the pair’s losses in its upcoming moves.

The price of Bitcoin (BTCUSD) rose in its last intraday trading, supported by the stability of the critical support at $116,500, providing bullish momentum that assisted it to achieve limited gains, this positive trading amid the main bullish trend dominance on the short-term basis, with the continuation of its trading alongside a supportive bias line, besides the beginning of forming a positive overlapping signals on the (RSI), reinforcing the chances for the continuation of the rise on the near-term basis.

Despite these bullish signals, the price remains facing technical pressures that come from its stability below EMA50, forming an obstacle against the quick recovery attempts, and weakens the ability to target higher resistance levels without breaching this level.

The (crude oil) settled low in its last intraday trading, affected by the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), which indicates the weakness of the current momentum.

The (RSI) indicators entering to the oversold levels might indicate the possibility of forming positive divergence, which might provide temporary positive momentum that supports the recovery attempts, especially with the continuation of the main bullish trend dominance of the medium-term basis and its move alongside a supportive bias line.

The (Gold) price settled with gains in its last intraday trading, taking advantage of the continuation of the trading above EMA50, which provides dynamic support that reinforces the positive track, and the dominance of the bullish trend on the short-term basis remains valid, with the price move alongside a minor bullish bias.

This last rise came after offloading some of the clear overbought conditions on the (RSI), providing extra momentum for the continuation of the rise, preparing to attack the stubborn key resistance at $3,365, which represents a significant technical obstacle against the continuation of the gain.