The (GBPUSD) price declined in its last intraday trading, amid its trading alongside a minor bearish bias on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure around the pair, represented by the negative signals on the (RSI), after it succeeded in its previous trading in offloading its oversold conditions, opening the way for recording more of the losses on the near-term basis.
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The price of Bitcoin (BTCUSD) reinforces its gains in its last intraday trading, taking advantage of the emergence of the positive signals on the (RSI), despite reaching overbought levels, to recover some of its previous losses.
The price remains under pressure of the minor bearish wave on the short-term basis, with the continuation of its trading below EMA50, indicating the dominance of the negative track until now.
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The (crude oil) price expands its gains in the last intraday trading, depending on the stability of the critical support level at $62.00, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The price managed to surpass the negative pressure of the EMA50, accompanied by breaching a minor bearish bias line on the short-term basis, reinforcing the chances for the continuation of the positive momentum on the near-term basis.
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The (Gold) price declined in its last intraday trading, affected by hitting the resistance of its EMA50, which weakens the positive momentum on the short-term basis, amid the dominance of the bearish correctional trend on the short-term basis.
The decline accompanied by the emergence of negative signals on the (RSI), after reaching overbought levels, reinforcing the possibilities for forming negative divergence that might intensify the selling pressure on the precious metal on the near-term basis.
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