The (USDJPY) price rose in its last intraday trading, after breaching the resistance level at 147.65, surpassing the negative pressure of the EMA50, to announce its full recovery and this last rise came after offloading its clear overbought conditions on the (RSI), with the beginning of positive overlapping signals, opening the way for achieving more of the gains on the short-term basis, amid the dominance of the main bullish trend and its trading alongside a supportive bias line for this trend.
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The (GBPUSD) price witnessed fluctuated moves in its last intraday trading, to settle after a strong bearish wave that used it to break a bullish correctional trend on the short-term basis, surpassing its EMA50, facing intensive negative pressure on the price, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels, which helped the price to settle with its attempt to offload this oversold condition and recover some of its previous losses.
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The price of Bitcoin (BTCUSD) rose in its last intraday trading, supported by the dynamic support that comes from its stability above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, this positive momentum pushes the price to get ready to attack the strong resistance level at $120,000.
This rise is accompanied by the return of the positive signals on the (RSI), after offloading the previous overbought conditions, which opens the way for achieving more of the gains.
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The (crude oil) price rose in its last intraday trading, attempting to recover some of its previous losses, and offloading its clear oversold levels on the (RSI), especially with the beginning of positive overlapping signals that might provide positive stability.
The price remains under negative pressure, due to the continuation of its trading below EMA50, with its move within a minor bearish bias on a short-term basis, which might limit any attempt for the rise unless it breaches these levels.
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