The (GBPUSD) price rose in its last intraday trading, after offloading its clear overbought condition on the (RSI) in its previous trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, besides the continuation of the positive pressure that comes from its trading above its EMA50, reinforcing the stability of the bullish track.

The price of Bitcoin (BTCUSD) declined in its recent intraday trading, attempting to gain the required bullish momentum that might support it to regain its bullish track and recover its last decline, affected by the exit from the bearish correctional channel’s range that limited its previous moves on the short-term basis, providing some flexibility for the bullish trading.

The price keeps getting support from its stability above EMA50, accompanied by the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, to suggest forming a positive divergence that might be the starting point for upcoming bullish moves.

The (crude oil) kept moving in limited sideways range trading in its last intraday trading, to suggest forming potential negative technical formation that complete the sharp bearish correctional trend (bearish flag pattern), which ease the way for resuming the decline after the previous fluctuation.

This comes amid the continuation of the negative pressure that comes from the trading below its EMA50, accompanied by the beginning of the negative signals on the (RSI), after the price previous success in offloading its oversold condition, opening the way for more downside movements unless it breaks the bottom of the current sideways range.

The (Gold) price declined in its last intraday trading, affected by the dominance of the bearish correctional trend on the short-term basis, where it moves alongside a bearish bias line that indicates the continuous selling pressure, and the emergence of the negative signals on the (RSI) increased the pressure, after reaching overbought levels, reinforcing the chances for the continuation of the decline.

This decline comes amid the trading below its EMA50, representing an extra weakness factor on the current move, and confirms the continuation of the seller’s dominance on the technical scene unless the price shows strong bouncing signals or stability on significant support levels.