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Crude oil breaks bullish correctional channel -Analysis-22-05-2025
The (crude oil) price continued its decline in its last intraday trading, after breaking the support of a bullish correctional channel that was limiting its decline on the short-term basis, accompanied by breaking the support of its EMA50, which increases the selling pressure on the price.
This comes amid the continuation of the negative signal emergence on the (RSI), despite reaching oversold levels, which indicates clear domination for the selling powers, reinforcing the possibilities for the continuation of the decline in the upcoming trading.
Gold shows more bullish signals -Analysis-22-05-2025
The (Gold) price rose in its last intraday trading, after it managed to offload its clear overbought conditions on the (RSI), which open the way for the positive momentum to return gradually, and the bullish technical signals begin to appear again, especially with the emergence of positive overlapping signals on these indicators.
MoreEURUSD gets ready to attack its current critical resistance -Analysis-22-05-2025
The (EURUSD) price rose in its last intraday trading, taking advantage of a previous correction process assisted it to gather gains and offload its clear overbought conditions on the (RSI), resuming its bullish track on a short-term basis.
MoreEvening update for Bitcoin -21-05-2025
The Bitcoin price rose in its last intraday trading, settled above the support at $106,000, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, to notice that the price decreased some of its last gains, due to offloading some of its clear overbought level on the (RSI), to open the way towards achieving more of the gains.
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