The (USDJPY) declined in its last intraday trading, attempting to gather bullish momentum that may help it recover and rise again, attempting at the same time to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, leaning on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside trend line that reinforces the stability and dominance of this track on the near-term basis.
GBPUSD rose in its last trading in the intraday levels, amid its attempts to look for rising low to help it gain the required bullish attempts to recover, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of its recovery in the upcoming period, especially with the dominance of the bullish trend on the short -term basis and its trading alongside trend line, besides the emergence of positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price movement, with the emergence of the positive signals from there.
Bitcoin’s price rose in its last intraday trading, to record its previous losses, taking advantage of the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, assisting the price to settle and bounce on the intraday basis, attempting to offload these oversold conditions.
These attempts remain limited because of breaking bullish corrective trend line on the short-term basis, besides the continuation of its trading below EMA50, intensifying the negative pressures and making any rise closer to a temporary corrective movement.
Crude oil rose in its recent intraday trading, due to the stability if the key support at $57.30, gaining some bullish momentum that helped it record limited intraday gains, this improvement was supported by the emergence of positive overlapping signals on the relative strength indicators, as a sign for the attempt of the price to settle after the last pressures.
On the other hand, the negative pressure remains valid due to the trading below its EMA50, reducing the chances of its sustainable recovery on the near-term basis, making any rise closer to temporary corrective attempts unless it manages to return the trading above this average.