The (USDJPY) witnessed fluctuated trading in its last intraday trading, with the beginning of forming negative divergence of the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative signals from there, pressing on the price.
On the other hand, the price is leaning on a main bullish trend line on the short-term basis, accompanied by its leaning on the support of EMA50, leaning to an intraday fluctuating trading in attempt to look for a new trend.
The (GBPUSD) price kept rising in its recent intraday trading, breaching the key resistance at 1.3215, providing renewed bullish momentum that helped it to extend its intraday gains, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis, besides the emergence of the relative strength indicators, despite reaching overbought levels.
Bitcoin (BTCUSD) surged higher in its last intraday trading, breaching the key resistance at $88,000, accompanied by surpassing the resistance of EMA50, which helped it to get rid of the negative pressure that constrained its trading in the previous sessions, this rise was supported by the positive signals on the relative strength indicators, despite reaching overbought levels.
The price continues its trading within bullish corrective wave on the short-term basis, keeping its trading alongside supportive trend line for this track, providing extra momentum that might help it to expand its gains on the near-term basis.
Crude oil reinforced its gains in its recent intraday trading, taking advantage of the positive signals on the relative strength indicators, providing extra bullish momentum, this intraday rise let the price breach minor bearish trend line on the short-term basis, which considered a key technical breach that eases the previous pressures and paves the way for wider range bullish attempts.
Despite this improvement, the price remains under clear negative pressure that comes from trading below EMA50, limiting the ability to full recovery on near-term basis.