The (USDJPY) slipped lower in its last intraday trading, accompanied by dynamic negative pressure that is represented by its trading below EMA50, besides the emergence of negative signals on the relative strength indicators, after reaching overbought levels, to break main bullish trend lune on the short-term basis, announcing the continuation of the bearish corrective wave in the upcoming period, unless its takes advantage from the key support.

The (GBPUSD) price declined slightly in its last intraday trading, attempting to gather bullish momentum to recover and rise again, preparing to attack the key resistance at 1.3265, amid the continuation of the bullish support due to its trading above EMA50, reinforcing the stability of the bullish corrective trend on the short-term basis, with its trading alongside minor trend line, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.

Bitcoin (BTCUSD) witnessed sharp and sudden decline during its last intraday trading, to exit the range of bullish corrective channel that limited its moves on the short-term basis, which changed the structure of the intraday move and put the price under increased negative pressures, especially with the emergence of negative signals on relative strength indicators, to indicate losing the bullish momentum at this stage.

This decline deepened further as the price moved below EMA50, reinforcing the extension of the bearish wave and reduces the likelihoods of the rise return on the near-term basis, the continuation of the trading below this level keeps the selling pressure dominant, and paves the way for more negative trading in the upcoming period.

Crude oil rose in its recent intraday trading, after its previous success in recovering its early losses quickly and turning it into intraday gains, benefiting its leaning on EMA50’s support, affected by its exit from minor bearish channel on short-term basis, which provided extra push for its settlement and rebound.

This rise occurred after offloading overbought conditions on relative strength indicators, opening the way for achieving more gains on a near-term basis, especially with the technical momentum’s improvement and its ability to keep its trading above the current dynamic support levels.