The (EURUSD) fluctuated on the intraday levels, affected by the dominance of bearish correctional wave on a short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, indicating the weakness of the bullish momentum.
On the other hand, the (RSI) began showing positive signals after reaching oversold levels, providing chances for price stability by recovering some of its previous losses, which led them to the last fluctuated moves.
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The (BTCUSD) price declined in its last intraday trading, attempting to gather a positive momentum that assists it to recover and rise again, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping, to lean on the support of EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive minor bias line for this trend.
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The (crude oil) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels to lean on the key support level at $68.45, in attempt to look for a rising low to take it as a base that might help it to gain the required positive momentum to recover, amid the dominance of the main bullish trend and its trading above its EMA50.
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The (Gold) declined in its last intraday levels, amid the continuation of the negative pressure that comes from its trading below EAM50, and under the dominance of the bearish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the emergence of the positive signals on the (RSI), to reach exaggerated overbought levels compared to the price move.
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