The (Gold) price fluctuated clearly in its last intraday trading, where it attempts to reinforce its bullish momentum that might help it to breach the critical resistance at $3,375, getting its support from its stability above EMA50, besides the continuation of the dominance of the short-term bullish wave.
Offloading the clear overbought conditions on the (RSI) helped to pave the way for positive move, which might open the way for achieving more gains on the near-term basis, if it managed to surpass the mentioned resistance.
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The (EURUSD) rose on the intraday basis after its rebound from the support line of short-term basis bullish trend, gaining a momentum to recover some of yesterday’s losses.
The negative pressure remains the dominant, with the continuation of its trading below EMA50, and the negative signals emerging from the (RSI), making any rise weak unless the price breaches critical resistance levels.
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The (BTCUSD) rose in its last intraday trading, in attempt to recover some of its early losses, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend and its trading alongside a supportive bias line for this track, besides the emergence of the negative signals on the (RSI), after offloading its oversold conditions, increasing the negative pressure on its upcoming trading.
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The (crude oil) extended its gains in its last intraday trading, affected by breaching the key resistance at $63.75, taking advantage of the dynamic support that is represented by its trading above EMA50, besides its affection by positive technical formation on the short-term basis, which is represented by the double bottom pattern, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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