The price of (BTCUSD) continued the decline in its last intraday trading, due to the stability of the stubborn resistance at $117,000, attempting to look for a rising low to take it as a base to gain the required positive momentum to recover and breach this resistance, amid the dominance of the bullish correctional trend on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, besides the reach of the relative strength indicators oversold levels, which suggest forming positive divergence.
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Crude oil prices witnessed strong gains in its last intraday levels, due to its lean on the support of bullish correctional trend line on the short-term basis, gaining some positive momentum, accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, exaggeratedly compered to the price movement, to form a positive divergence that helps it to reinforce the last gains, attempting to get rid of the negative pressure after surpassing the support of its previous EMA50.
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Crude oil prices rose in its last intraday trading, in attempt to recover some previous losses, with the emergence of the positive signals from there, after reaching oversold levels, exaggeratedly compared to the price movement, forming positive divergence that intensifies the chances of the price recovery, after surpassing the support of EMA50, which puts the price under negative pressure that attempts to surpass it with difficulty.
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The price of (Silver) gathers the gains of its last rises in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above its EMA50, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line, with the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
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