The (EURUSD) price declined in its last intraday trading, in a corrective move to offload the clear overbought conditions on the relative strength indicators, with the negative signals from them, there is temporary decline at the bullish momentum before regaining the strength.
This decline remains supported by its trading above EMA50, that forms a key dynamic support that reinforces the chances of recovery in the near period, and the bullish corrective trend remains the dominant in the short-term trading, with the trading alongside supportive trend line, keeping the way open for new bullish attempts.
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The (BTCUSD) price declined in its recent intraday trading, due to the stability of the critical resistance level at $115,800, attempting to gain bullish momentum that might help it to breach this stubborn resistance, amid the continuation of the positive support that comes from its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline, with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.
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The (crude oil) deepened its losses in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, attempting to look for a rising low to take it as a base to help it gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, especially with the dominance of the bullish corrective trend on the short-term basis.
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The (Gold) price rose in its last intraday trading, in an attempt to recover some previous losses, and attempts to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the dominance of the bearish corrective trend on the short-term basis and its trading alongside steep bearish trendline.
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