The (BTCUSD) price witnessed fluctuated trading on its last intraday levels, after approaching the resistance at $120,000, which represents our suggested target, to begin a profit-taking process for its previous rises, attempting to gain bullish momentum that might help it to resume the strong rise, besides the attempt of offloading its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there.
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The (crude oil) slipped lower in its last intraday trading, to break the critical support at $61.50, amid the continuation of the negative pressure that comes from its trading below EMA50, with the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, opening the way for recording more losses.
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The (Gold) price declined sharply in its last intraday trading, gaining bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances for its recovery on the near-term basis, amid the dominance of the main bullish trend and its trading alongside trend line, with the emerging of the positive signals on the relative strength indicators, after reaching oversold levels.
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The (EURUSD) slipped suddenly in its last intraday trading, due to the stability of the resistance at 1.1760, reaching our previous target at 1.1690 support, bouncing higher in fluctuated trading that suggest looking for a new trend, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the bearish corrective trend on the short-term basis and its trading alongside trendline.
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