The (BTCUSD) price declined in its recent intraday trading, affected by its exit from bullish corrective channel’s range that limited its previous trading on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions.
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The (crude oil) rose in its last trading on the intraday levels, affected by leaning on the support of EMA50, gaining bullish momentum that helped it to achieve these gains, amid the dominance of bullish corrective wave on the short-term basis, with the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.
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The (Gold) price rose in its last trading on the intraday levels, supported by the emergence of the positive signals on the relative strength indicators, on the other hand, the negative pressure continues due to its trading below EMA50, which reduces the chances of sustainable recovery on the near-term basis, under the dominance of the bearish corrective trend on the short-term basis.
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The (EURUSD) declined in its last intraday trading, reaching the key support level at 1.1550, which represents our target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis, besides the emergence of the negative signals on the relative strength indicators.
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