The price of (BTCUSD) declined in its last trading on the intraday levels, erasing its early gains for today, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, to continue its fluctuated trading that targets gaining bullish momentum until now, which might help it to recover and rise again, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis, and its trading alongside a bias line.
Crude oil prices declined in its last intraday trading, due to the dominance of the main bearish trend on the short-term basis and its trading alongside bias line, with the emergence of the negative signals on the relative strength indicators, forming negative divergence, intensifying the negative pressure and decreasing the chances for the price rise on the short-term basis, especially if it settled below EMA50, which confirms the negative overview.
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Crude oil prices declined in its last trading on the intraday basis, surrendering to the negative pressure due to the stability of the resistance at $62.85, accompanied by reaching the resistance of EMA50, intensifying the negative pressure, amid the dominance of the main bearish trend on the short-term basis and its trading alongside bias line that shrinks the chances of the price recovery on the near-term basis.
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The price of (Silver) rose in its last intraday trading, supported by offloading its overbought conditions on the relative strength indictaors, opening the way for targeting new resistance levels, especially with the emergence of the positive signals from there, amid the continuation of the positive pressures that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis, and its trading alongside supportive bias line.
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