The USDJPY breaks a bullish trendline -Analysis-01-04-2026

The GBPUSD pair witnessed fluctuated trading on its recent intraday levels, after retesing 1,3260 key resistance, to rebounce lower amid the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on near-term basis, especially with the dominance of the main bearish trend on short-term basis, beside the formation of negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there.

Bitcoin price (BTCUSD) is holding onto strong gains during its recent intraday trading, despite encountering resistance at the 50-period simple moving average, which has temporarily halted the recent bullish movement. This performance is supported by emerging positive signals from the relative strength indicators, after the price managed to ease its overbought condition, giving it more room to attempt resuming gains in the short term.

Crude oil recorded a new increase during its recent intraday trading, preparing to reach the strong resistance level at $100.00, supported by the price continuing to trade above EMA50, which provides dynamic support and reinforces the stability of the main short-term uptrend, especially as price moves along a supportive trendline.