The price of (BTCUSD) settled with strong gains in its last intraday trading, affected by the stability of the key resistance at $109,000, after offloading its clear oversold conditions on the intraday basis, amid the continuation of the negative pressure that comes from its trading above EMA50, and under the dominance of the bullish correctional wave on the short-term basis and its trading alongside supportive bias for the track, besides the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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The price of (Brent) declined in its last intraday trading, amid its affection by exiting bullish correctional channel’s range that limits its trading on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, breaking the current support level at $66.40, with the beginning of negative overlapping signals on the (RSI), after offloading its oversold conditions, which intensifies the negative pressure on its upcoming trading.
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The price of (crude oil) declined in its last intraday trading, breaking the key support at $62.85, confirming the price momentum to deepen its losses, amid its affection by breaking a bullish correctional trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, opening the way for recording more of the losses.
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The price of (Silver) witnessed slight decline in its last intraday trading, in an attempt to gather its positive strength that might help it to keep the bullish track on the short-term basis, amid its trading alongside a minor trend line, supported by its continuous trading above EMA50, with the emergence of the positive signals on the (RSI), intensifying the positive pressures.
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