The (BTCUSD) price rose in its recent trading on the intraday levels, supported by its trading above EMA50, pushing it to test a main bearish trendline on the short-term basis, which reduces the chances of the price recovery on the near-term basis, especially with the emergence of negative crossover on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move.
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The (crude oil) rose in its last intraday trading, to succeed in breaching the resistance of $61.75, supported by its continuous trading above EMA50, and under the dominance of strong corrective wave on the short-term basis, accompanied by the emergence of the relative strength indicators, after reaching overbought, which may reduce the upcoming gains.
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The (Gold) price declined in its last intraday trading, after the relative strength indicators reaching overbought levels, exaggeratedly compared to the price move, to indicate forming negative divergence, amid the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of bearish corrective wave on a short-term basis.
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The (EURUSD) rose in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, and its trading alongside supportive trendline for this track, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of the price recovery on the near-term basis, especially with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.
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