The (crude oil) price declined in the last intraday trading, in correctional move to gather the required bullish momentum for resuming the rise, taking advantage of the dynamic support due to its trading above EMA50, settling under the dominance bullish correctional wave on the intraday levels.
Accompanied by the beginning of showing new positive signals by the (RSI), after the price success in offloading the previous overbought conditions, opening the way for extending its gains, and outs the critical resistance at $63.75 in the targeting circle in the near- term basis.
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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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