The (GBPUSD) price continued its sharp decline in its last intraday trading, to confirm forming a new bullish trend line on a short-term basis, taking advantage of breaching the resistance of its EMA50, which formed a dynamic obstacle previously.

This rise was supported by the positive signals on the (RSI), which reinforce the bullish momentum to breach the top of bullish technical formation, that is represented by the falling wedge pattern, which supports the continuation of the bullish wave in the near-term basis, conditioned by holding above the breaching areas.

The price of Bitcoin (BTCUSD) extended its strong gains in its recent intraday trading, to succeed in surpassing the negative pressure of the EMA50, and attacks the minor bearish channel that limited its previous move on the short-term basis, showing a clear dominance for the buying strength and improvement in overall momentum.

The (RSI) began showing negative overlapping signals after entering overbought level, which suggests a potential temporary correctional rebound, that target offloading this condition and gathering the required positive momentum for the continuation of the rise, these declines might be a chance to reposition if the near technical support levels settle.

The (crude oil) declined sharply in its last intraday trading, as it surpassed the support of its EMA50, causing an extra negative pressure that pushed it to resume the decline, to break a minor bullish trend line that limited its trading on the short-term basis, reinforcing the continuation of the technical decline in the upcoming moves.

The (RSI) indicators began showing positive signals, where it recorded a bullish overlapping signal after entering exaggerated oversold levels, which gave the price a chance to catch its breath and settle temporarily, and assisted it to reduce its early losses, but this recovery remain fragile and needs a stronger technical confirm to see a real bullish wave.

The (Gold) price declined in its last intraday trading, affected by the stability of the critical resistance level at $3,380, accompanied by reaching the resistance of its EMA50, reinforcing the strength of this area as a double technical barrier that limited the price ability to resume the rise, and pushed it to surrender to clear selling pressure.

This decline became with the emergence of the negative signals on the (RSI), which indicates losing the bullish momentum gradually, and the price is affected by breaking main bullish trend line on the short-term basis, and its move within a bearish correctional channel, which increases the possibilities of its continuation to decline on the intraday basis, unless it regained the positivity.