The (BTCUSD) price declined in its last intraday trading, amid the attempts for looking for rising low to take it is as a base that might assist it to gain the required positive momentum to recover, leaning on the support of its EMA50, with the relative strength indicators to the oversold levels, exaggeratedly compared to the price movement, to suggest forming positive divergence from them, amid the dominance of the bullish correctional trend on the short-term basis.
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The (crude oil) declined in its last intraday trading, to end any chance of recovery on the near-term basis, under the negative pressure that comes from its trading below EMA50, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, amid the dominance of the main bearish trend on the short-term basis.
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The (Gold) price extended its gains in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, to succeed in its last trading in surpassing the negative pressure of the EMA50, amid the dominance of the main bullish trend on a short-term basis, reinforcing the bullish scenario.
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The (EURUSD) deepened its losses in its last intraday trading, reaching our morning expected target at 1.1730, by negative pressure due to its trading below EMA50, affected by breaking minor bullish trend line on a short-term basis, besides the price last decline after offloading its clear oversold levels on the relative strength indicators, increasing the negative pressure that comes from its upcoming trading.
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