The (BTCUSD) price declined in its recent intraday trading, breaking the current support of $107,400, affected by the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trendline for this track, on the other hand, we notice the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, which might reduce its upcoming losses.
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The (crude oil) witnessed fluctuated trading on its last intraday trading, amid its attempts to breach main bearish trend line on the short-term basis, supported by its trading above EMA50, and under the dominance of strong bullish corrective wave on the intraday basis, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels.
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The (Gold) price resumed its decline in its last intraday trading, amid the dominance of steep bearish corrective wave, with the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative crossover on the relative strength indicators, after offloading its oversold conditions on the relative strength indicators, which allows it to record more of the losses on the near-term basis.
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The (EURUSD) rose in its last intraday trading, due to the stability of the support level at 1.1580, gaining some of the bullish momentum, attempting to recover some previous losses, attempting to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the main bearish trend on the short-term basis.
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