The (BTCUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of its oversold conditions, amid its affection by breaking a main bullish trend line on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50.
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The (crude oil) declined in its last intraday levels, to surpass its EMA50 putting it under intensive negative pressure, especially with the emergence of the negative signals on the (RSI), after reaching overbought levels, reinforcing the chances for more downside moves in its upcoming trading.
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The (Gold) continued the decline in its last intraday trading, affected by the negative pressure that comes from its trading below its EMA50, with the emergence of the negative signals on the (RSI), after it managed to offload its oversold conditions in its previous trading, opening the way for recording more of the losses, to break the support of a bullish channel’s support that limited its previous trading on the short-term basis.
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The (EURUSD) managed to settle and bounce higher in its last intraday trading, affected by forming a positive divergence on the (RSI), after reaching oversold levels, exaggeratedly compared by the price move with the emergence of the positive signals on the (RSI), amid the continuation of the negative pressure due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a supportive bias line for the trend.
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