The (USDJPY) declined in its last intraday trading, surpassing EMA50’s support, to lean on main bullish trend line on a short-term basis, gaining bullish momentum that helped it to rebound quickly to reduce its early losses, especially with the beginning of forming positive divergence on relative strength indicators, and the emergence of positive signs, which supports the scenario of a recovery on near-term basis.

GBPUSD fluctuated in its last intraday trading, to attempt to recover some previous losses, amid the dominance of the bearish corrective trend on a short-term basis with its trading alongside supportive line for this trend, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the price’s recovery on a near-term basis, especially with the emergence of negative signals from relative strength indicators.

Bitcoin’s price slipped lower during its last intraday trading, affected by the emergence of negative signals from relative strength indicators, after offloading its oversold conditions, opening the way for the return of the selling pressures and recording new losses on a near-term basis.

Crude oil prices succeeded in turning its early losses into slight gains in the last intraday trading, benefiting from EMA50’s support, which provided bullish momentum that helped it to erase these losses and return to a positive zone.

This comes amid the attempts of offloading the overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, however the main bullish trend remains dominant on the price’s short-term trading, keeping the chances of settling and resuming the rise valid in the upcoming period.