The (USDJPY) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and resume its strong gains again, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation 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.
GBPUSD rose in its last intraday trading, as it is leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, amid the dominance of the main bullish trend and its trading alongside supportive trend line for this track, besides the emergence of positive signals on the relative strength indicators, despite reaching overbought levels.
Bitcoin’s price rose slightly in its last intraday trading, taking advantage of breaching minor bearish trend line on the short-term basis, besides its trading above EMA50, providing technical support that helped it to continue the positive rebound.
This rise attacks $89,000 key resistance, supported by the emergence of positive signals on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis if it manages to breach this resistance.
Crude oil rose in its recent intraday trading, supported by the emergence of positive signals on the relative strength indicators, despite reaching overbought levels, indicating the strength of this dominant overbought momentum in the current time.
Breaching minor bearish trend line on the short-term basis helped to reduce the negative pressure gradually, with the price’s last attempts to surpass the EMA50, which reinforces the scenario of announcing full recovery on the near-term basis if the price settles above its current levels.