Bitcoin (BTCUSD) prices declined in their last trading on the intraday levels, amid the dominance of strong bearish wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances for the price recovery on the near-term basis, amid the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.
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Brent crude oil prices declined in their last intraday trading, amid the stability of the price below $62.35 resistance, and its success in offloading its oversold conditions on the relative strength indicators, leading for more bearish pressure on the upcoming trading, specially with the continuation of the dynamic pressure that is represented by its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trendline for this track.
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The price of (crude oil) witnessed fluctuated trading on its intraday levels, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trend line, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive signals on the relative strength indicators, which decelerated the last losses.
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The price of (silver) rose in its last intraday trading, supported by the emergence of positive signals on the relative strength indicators, surpassing the key resistance at $52.50, to confirm breaching it amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive minor trend line for the track.
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