Brent crude oil price extended its gains in latest intraday trading and approached our price target of $74.70, while buoyed by trading above the 50-candle SMA, amid the dominance of the upward correctional trend as the price trades alongside the trend line.
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US crude oil prices surged in latest intraday trading and pierced our first price target of $70.00, buoyed by the dominance of the upward correctional trend in the short term as the price moves alongside the trend line, coupled with positive signals from the Stochastic after reaching oversold levels.
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EUR/USD price fell in latest intraday trading in an attempt to gather positive momentum and shake off negative pressure from the 50-candle SMA, while venting off overbought saturation in the Stochastic, as the price trades within an ascending secondary price channel in the intraday levels.
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Gold price resumed its advance in latest intraday trading after trying to collect some recent profits and gather positive momentum to regain its footing, after reaching our price target of $3120, amid the complete dominance of the upward trend, while the price trades alongside the secondary short-term trend line.
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