The (GBPUSD) price rose in its last intraday trading, preparing to attack the critical resistance level at 1.3585, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line, with the continuation of the positive pressure that comes from its trading above EMA50, intensifying the bullish momentum. This comes with the emergence of positive signals on the (RSI), despite reaching overbought levels.
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The price of Bitcoin (BTCUSD) declined in its last intraday trading, despite the continuation of the dynamic support that is represented by its trading above EMA50, besides the dominance of bullish correctional wave on the short-term basis, supported by supportive bias line for this trend.
The price is attempting to gain a new bullish momentum to breach the critical resistance at $113,000, accompanied by its attempts to offload the clear overbought conditions on the (RSI), especially after the negative signals from there.
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The (crude oil) price rose in the last intraday trading, taking advantage of the critical support level stability at $61.60, which provided positive momentum that assisted the price to recover on an intraday basis, despite the growing pressures.
On the other hand, the main bearish trend remains the dominant, especially with the continuation of the trading below EMA50, besides the emergence of the negative signals from the (RSI), keeping the prospects of a return to a decline intact on the near -term basis.
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The (Gold) price soars high in its last intraday trading, recording historic peaks, supported by strong momentum that indicates the dominance of the main bullish trend on the short-term basis, with the continuation of the trading alongside supportive bias line that reinforces the strength of the track, and its continued stability above EMA50 provides extra support for extending the last gains.
Despite this clear outperformance, the (RSI) indicators have started to send negative signals after entering oversold levels, which might push the price to rise on a near-term basis, and open the way for natural wave of profit taking before regaining the momentum.
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