Crude oil prices began to recover in its last intraday trading, after looking for rising low to take it as a base for gaining the required positive momentum for its recovery, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis, besides the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels.
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The price of (Silver) soared in its last intraday trading, to recover quickly regaining the support of its EMA50, which provides renewed bullish momentum, amid the dominance of the main bullish trend on the short-term basis and its trading alongside bias line, besides the emergence of the positive signals on the relative strength indicators, reinforcing the chances for extending the gains on the near-term basis.
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The price of (Gold) rose in its last intraday trading, after getting strong bullish boost as it leaned on the support of its EMA50, gaining bullish momentum that intensified by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, especially with the dominance of the main bullish trend on the short-term basis.
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The price of (EURUSD) surged high from in its last intraday trading, due to its lean on the support level at 1,1780, this is the support that we mentioned in our previous reports as a crossroad for the trend on the near-term basis, gaining bullish momentum that helped it to achieve these gains, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trendline.
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