Brent crude oil price rallied in latest intraday trading, while trading within an ascending correctional price channel in the short term, as the price is boosted by a stream of positive signals from the Stochastic after venting off overbought saturation there previously.
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US crude oil prices expanded the gains in latest intraday trading and confirmed the breach of the pivotal resistance of $68.00, amid the dominance of the upward correctional trend in the short term as the price trades alongside the trend line, with ongoing support due to trading above the 50-candle SMA.
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Gold’s price edged higher in latest intraday trading while moving alongside the secondary upward trend line in the short term, as the price is buoyed by trading above the 50-candle SMA, but selling pressures remain strong and constraining.
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The EUR/USD price edged lower in intraday trading after retesting the resistance of $1.0860, bouncing down and trimming some earlier gains, while venting off oversold saturation in the Stochastic, amid the dominance of the downward correctional wave in the short term.
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