Bitcoin (BTCUSD) prices declined in their last intraday trading, surrendering to the surrounding negative pressure, first: the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price movement, with the emergence of the negative signals from them.
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Brent crude oil prices declined in their last intraday trading, amid the stability of the key resistance at $63.95, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, and it witnessed previous bullish rebounds that aimed to offload the oversold conditions on the relative strength indicators, and the price lost its bullish momentum gradually to begin the bearish movement.
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The price of (crude oil) declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend and its trading alongside steep bearish trendline that indicates the strength of this trend and its dominance. The price succeeded in its previous trading in offloading its oversold conditions on the relative strength indicators, which might increase the negative pressure.
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The price of (silver) witnessed fluctuated trading on its last intraday levels, attempting to gain bullish momentum that supports the stability of the main bullish trend on short-term basis and its trading alongside trendline, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators.
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