The (GBPUSD) price kept declining in its last intraday trading, after reaching the resistance of its EMA50 previously, which forced it to surrender to the surrounded negative pressures, first: its affection by breaking a bullish trend line on the short-term basis, with the emergence of the negative signals on the (RSI), to break the current support of 1.3440, which represents 382% Fibonacci correction level for the last bullish wave from (1.3138 to 1.3632), and that puts it under negative pressures.

The price of Bitcoin (BTCUSD) rose in its recent intraday trading, attempting to recover some of its previous losses, taking advantage of the technical momentum that comes from the beginning of positive overlapping signals on the (RSI), after reaching exaggerated oversold levels, indicating the price attempts to offload this condition on a short-term basis.

Despite this limited technical improvement, the bearish correctional trend remains the dominant on the price move with its trading alongside a minor bias line, and the continuation of the negative pressure that came from its stability below EMA50, keeping the possibilities for facing new bearish waves unless they reach this average and hold above it.

The (crude oil) witnessed fluctuated moves in its last intraday trading, affected by the escalation of geopolitical tensions in the middle east, where it opened this week trading with strong rise that pushed the price to breach the critical resistance level on $75.00, but this decline didn’t remain for long time, as it rebounded and surrendered big amount of its gains, due to quick gathering gains process or the cautious of the traders after the initial jump.

Despite this decline, the price remains stable above $75.00 level, while closing above this level will keep the possibility of confirming this breach, with the continuation of the bullish trend on the short-term basis, besides the emergence of the positive signals on the (RSI), after its previous reach to oversold levels.

The (Gold) price declined in its last intraday trading, after it opened its trading with gains couldn’t keep it, to bounce back quickly and turn it to losses, this came after reaching the resistance of the EMA50, forming a dynamic barrier against the rising attempts.

This decline is caused by breaking a bullish trend line on the short-term basis, as a signal for the weakness of the bullish momentum, accompanied by the emergence of the negative signals on the (RSI), which reached exaggerated overbought level, suggesting the beginning of forming a negative divergence that reinforces the chances for the continuation of the bearish track on the near term basis.