The (BTCUSD) price continued its way to our morning suggested target at $125,000 resistance, to decline due to the stability of this resistance in its last intraday trading, attempting to gain positive momentum that might help it to breach this resistance, amid the dominance of the main bullish trend and its trading alongside steep minor trendline on the short-term basis, with the emergence of the positive signals on the negative strength indicators, despite reaching overbought levels.
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The (crude oil) witness fluctuated moves on its last intraday levels, amid the dominance of bullish corrective wave that helped it to settle above the critical resistance at $61.50, besides the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative overlapping signals on the relative strength indicators, after reaching overbought levels, which led to this fluctuation that attempts to look for its upcoming trend on the near-term basis.
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The (Gold) price kept rising in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trendline, with the continuation of the positive support due to its trading above EMA50, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which reduced the last gains of the price.
The (EURUSD) rose in its last intraday trading, recovering a lot of its early losses, in attempt to offload some of its clear oversold levels on the intraday strength indicators, especially with the emergence of the positive signals from there, reaching the resistance of its EMA50, amid the dominance of the bearish corrective trend on the short-term basis and its trading alongside trendline.
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