The (BTCUSD) price rose in its last intraday trading, amid the attempts of getting rid of the negative pressure of the EMA50, announcing its full recovery, especially with the emergence of the positive signals on the (RSI), and under the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend.
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The (crude oil) declined in its last intraday levels, affected by its reach to the resistance of the EMA50, accompanied by the beginning of the negative signals on the (RSI), after reaching overbought levels, exaggeratedly compared to the price move, intensifying the negative pressure on the price, which forced it to decline again.
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The (Gold) rose in its last intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted it to settle and attempt to recover, especially with the beginning of forming positive divergence on the (RSI), after reaching oversold levels exaggeratedly compared to the price move, with the beginning of the positive signals from there, amid the dominance of bullish wave on the short-term basis and its trading alongside a bias line.
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The (EURUSD) witnessed fluctuated trading in its last intraday levels, amid its attempts to gain positive momentum that might assist it to recover and rise again, attempting to offload the clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the stability of this trend.
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