The (USDJPY) price continued the decline in its last intraday trading, preparing for breaking the current support level at 143.65, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after the price success in offloading its oversold condition, which open the way for recording more of the downside moves.

The (GBPUSD) price declined slightly in its last intraday trading, attempting to gather a positive momentum that might assist it to rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the emergence of the positive signals on the (RSI), the price takes advantage of the dynamic support that is represented by its trading above EMA50, reinforcing this bullish scenario.

The price of Bitcoin (BTCUSD) rose high in its recent intraday trading, supported by its stability above EMA50, indicating the continuation of the positive momentum on the short-term basis, and eases the way for a new attempt to test the critical resistance level at $108,000.

This rise comes amid the dominance of bullish correctional wave, after the price success to exit a bearish correctional channel that limited its move, reinforcing the chances for the continuation of the recover, besides forming a positive divergence on the (RSI), after reaching oversold levels, which supports the current bullish overview, conditioned by a confirmed breach above the mentioned resistance.

The (crude oil) declined in its last intraday trading, continuing its move within sideways range trading for the last four days, indicating traders’ cautious sentiment and uncertainty in the markets, especially with the price confinement within a confused area that is considered as a base for an upcoming rally for upside or downside depending on the upcoming break point.

This came with the continuation of the bearish correctional trend on the short-term basis, besides the negative pressure that comes from the continuation of the trading below EMA50, indicating the weakness of the bullish momentum, and the (RSI) indicators reinforce this negative overview, with the continuation of the negative signals’ emergence from them.