The (BTCUSD) price declined in its last intraday trading, reaching our morning suggested target at $110,000 support, by continuous negative pressure that comes from its trading below EMA50, and under the dominance of minor bearish wave on the short-term basis with its trading alongside supportive trend line for the track, on the other hand, we notice the emergence of the positive overlapping signals on the relative strength indicators, after reaching oversold levels, which might reduce the upcoming losses temporarily.
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The (crude oil) rose strongly in its last intraday trading, erasing all its early losses for today, after offloading its clear overbought conditions on the relative strength indicators, opening the way for achieving more of the gains on the near-term basis, amid the dominance of bullish correction wave on the short-term basis, with the continuation of the positive support that comes from its trading above EMA50.
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The (Gold) price witnessed fluctuated trading on its last intraday levels, amid its continuous trading gaining positive momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis, with its trading above EMA50, representing dynamic support that reinforces the chances for the price recovery, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.
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The (EURUSD) slipped lower in its last intraday trading, surpassing our expected target at 1.1680 support, affected by breaking main bullish trend line on the short-term basis, with the emergence of the negative signals on the relative strength indicators, after offloading some of its oversold conditions, opening the way for recording strong losses.
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