The (Gold) price declined in its last intraday trading, with the continuation of the negative pressure that comes from its stability below EMA50, which decelerates the recovery attempts in the last period, amid the dominance of minor bearish wave on the short-term basis, and its trading alongside a supportive bias line for this trend.
The (RSI) indicators began showing positive overlapping signals, after offloading the previous overbought conditions, which helped them to reduce the declines and supported the stability of the price near critical levels that might detect its upcoming trend.
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The (EURUSD) settled low in its last intraday trading, affected by the dominance of the minor bearish wave on the short-term basis, with the continuation of its move alongside a supportive bias line for this track, confirming the weakness of the positive momentum.
The negative pressure remains valid due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), despite entering oversold levels, which indicates the continuation of the bearish risks in the near basis.
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The (BTCUSD) declined in its last intraday trading, amid the dominance of minor bearish wave on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels.
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The (crude oil) soared high in its last intraday trading, due to its lean on the support of its EMA50, gaining bullish momentum that assisted it to erase all its early losses, after offloading some of its clear overbought conditions on the (RSI), amid its affection by breaching a minor bearish trend line on the intraday levels.
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