The (Gold) price declined in its last intraday trading, to look for a rising low that may form a base to rise towards a recovery, taking advantage of the dynamic support that is represented by trading above EMA50, and under the dominance of bullish trend on a short-term basis by its trading alongside a bullish trend line.
At the same time, the (RSI) shows exaggerated oversold conditions compared to the price move, reinforcing the possibility for positive divergence appearance, especially with the beginning of forming bullish overlapping signals, which might support the chance for rising on the short-term basis.
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The (EURUSD) managed to achieve consecutive gains in its last intraday trading, to confirm breaching the current resistance level at 1.1750, supported by the negative signals that come from the (RSI), despite reaching overbought levels.
This comes amid the continuation of the main bullish trend dominance on the short-term basis, with the price moving alongside a supportive bias line for the trend, reinforcing the possibilities for extending the rise in its upcoming trading if the price settles above the breaching levels.
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The (BTCUSD) price rose slightly in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend, with the beginning of forming positive divergence on the (RSI), after reaching oversold levels, exaggeratedly compared to the price move, with the beginning of positive overlapping signals appearance. The price attempts to get rid of the negative pressure of the EMA50, announcing its full recovery.
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The (crude oil) rose in its last intraday levels, in attempt to recover some of its previous losses, amid its affection by breaking a bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reinforcing the bearish track, especially with the emergence of the negative signals on the (RSI).
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