Bitcoin (BTCUSD) prices witnessed fluctuated trading on their last intraday trading, affected by breaking bullish trendline on the short-term basis, under the dominance of bearish corrective wave, with the continuation of the negative pressure due to its trading below its EMA50, on the other hand, the critical support settles at $121,000, which provides renewed bullish momentum by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, these contradicted signals led to the last fluctuated moves.
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Brent crude oil prices deepened its losses in their last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, representing dynamic resistance that prevented its recovery in the last period, amid the dominance of the main bearish trend on the short-term basis, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
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The price of (crude oil) continued its decline during its last intraday trading, exiting the range of bullish corrective channels that limits its previous trading on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which intensifies the negative pressure, with the emergence of the negative signals on the relative strength indicators.
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The price of (silver) extended its gains in its last intraday trading, to settle above $49.70 resistance amid the continuation of the positive 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 supportive minor trend line for the track, besides the emergence of the positive signals on the relative strength indicators, after reaching oversold levels.
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