The (USDJPY) witnessed sharp rise on its last intraday levels, taking advantage of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend on the short-term basis, especially with its trading alongside minor supportive trend line for this track, besides the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains in the upcoming period.

GBPUSD declined in its last intraday trading, with the continuation of the negative pressure due to its trading below EMA50, which led the pair to break main bullish trend line on short-term basis, reinforcing the chances of extending the bearish corrective wave on a short-term basis, especially with the emergence of negative overlapping signals on the relative strength indicators, after offloading the oversold conditions, which opens the way for recording more losses.

Bitcoin’s price rose in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators after reaching oversold levels, to surpass the negative pressure of EMA50, reinforcing the strength of the last rebound.

This positive performance comes with the continuation of the main bullish trend dominance on the short-term basis, with the trading alongside supportive line for this trend, which supports the chances of extending the gains in the near period unless contrary technical signals appear.

Crude oil prices declined slightly during the latest intraday trading, as part of natural profit-taking after a series of strong gains achieved recently, to rebuild the bullish momentum needed to help it break through the stubborn resistance level at $58.70.

This decline is accompanied by the attempts of offloading some of the clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, reflecting a temporary cooling in momentum, after surpassing the negative pressure of EMA50, which keeps the chances of resuming the rise on the near-term basis valid.