The (USDJPY) price declined in its last intraday trading, leaning on the critical support at 143.95, this level will detect the upcoming trend, accompanied by its lean on the support of its EMA50, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside a bias line, and the (RSI) reaching oversold levels with the beginning of positive overlapping signals appearance on it.
The (GBPUSD) price settled with a rise in its last intraday trading, after surpassing the negative pressure of the EMA50 in its previous trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, preparing to attack the critical resistance level at 1.3600, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might decelerate the upcoming rise.
The price of Bitcoin (BTCUSD) declined in its recent intraday trading, in attempt to look for a higher low to form support base that assist it to regain its bullish momentum and rise again, this decline comes amid the dominance of the main bullish trend on the short-term basis, where the price moves alongside a bias line supported by its stability above EMA50..
At the same time, the (RSI) reaches exaggerated oversold levels, which indicates the beginning of forming positive divergence that reinforces the possibilities of bouncing higher in the upcoming trading, conditioned by holding above near support levels.
The (crude oil) declined slightly in its last intraday trading, after it failed to keep its early gains after reaching and surpassing our target at $66.80, bouncing lower in correctional move that aimed to gather gains of the previous rises, and this decline comes amid the price attempt to offload some of the clear overbought conditions on the (RSI), with the beginning of negative overlapping signals appearance on these indicators.
Despite this decline the main bullish trend remains the dominant on the short-term basis, with the price trading alongside minor and main bias lines, supported by EMA50, which keeps the chance of resuming the rise valid conditioned by holding above the near support levels.