The USDJPY is surrounded by positive pressure-Analysis-05-01-2026

GBPUSD declined in its last intraday trading, breaking main bullish trend line on the short-term basis, putting it under negative pressure, which intensified by surpassing EMA50’s support, reinforcing the likelihoods of extending its losses on the near-term basis, with the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions.

Bitcoin’s price continues to achieve strong gains in its last intraday trading, after breaching $90,000 key resistance, which represents our expected target in our previous analysis, amid the dominance of minor bullish wave on the short-term basis with its trading alongside supportive trend line for this track.

Crude oil fluctuated sharply in its recent intraday trading, with the emergence of positive signals from the relatively strong indicators after reaching oversold levels, to offload this oversold condition and regain the bullish momentum on the short-term basis.