The (Gold) price recovered in its last intraday levels, preparing to attack the main resistance level at $3,700, supported by forming bullish divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared by the price movement, with the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis.
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The (EURUSD) rose in its last intraday trading, after it succeeded in its previous trading by offloading its overbought conditions on the relative strength indicators, opening the way for achieving mor of the gains, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive main and minor trend lines.
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The price of (ETHUSD) witnessed fluctuated moves on its last intraday trading, exhausting its positive chances that might help it to recover, where it surpasses the support of its EMA50, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, that comes amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.
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The price of (BTCUSD) declined in its last trading on the intraday levels, affected by the stability of the critical resistance at $117,000, in attempt to gain the required bullish momentum to help it to breach the resistance, besides its attempt to offload some of its clear overbought condition on the relative strength indicators, especially with the emergence of the negative signals from them, with the continuation of the positive support that comes from its trading above EMA50, and its trading alongside bullish correction trend line intensifies the bullish momentum on the short-term basis.
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