The (Gold) price fluctuated in its last intraday trading, after the emergence of negative overlapping signals on the (RSI) after reaching overbought levels, showing the price attempts to gain new bullish momentum that might provide a chance to recover and regain the rise, despite the clear weakness signals on the technical indicators.
The main short-term trend remains bullish, supported by the continued trading alongside supportive bias line, besides its stability above EMA50, reinforcing the positive pressure on the trading.
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The (EURUSD) settled low in its last intraday trading, after it failed to breach the critical resistance level at 1.1730, to bounce lower towards the support of the EMA50, to form cautious fluctuation trading after the uncompleted attempt to surpass the resistance.
Despite this decline, the main bullish trend remains preferring the positivity, supported by the continuation of the trading alongside bullish bias line that provides support for the trading, confirming that the technical track remains bullish, even with the last bouncing pressure.
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The (BTCUSD) extended its gains in its last intraday trading, to breach the critical resistance level at $113,000, supported by the emergence of positive signals on the (RSI), with the continuation of the positive pressure that comes from its trading above EMA50, under the dominance of the bullish correctional trend on the short-term basis and its trading alongside a trend line.
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The (crude oil) soared high in its last intraday trading, supported by the emergence of the positive signals on the (RSI), and under the dominance of bullish correctional wave on the intraday basis and its trading alongside supportive bias line for this track, to succeed in its last trading in surpassing the negative pressure of the EMA50, which pushes it to target new resistance levels.
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