The price of (ETHUSD) surrendered to the negative pressures in its last intraday levels, amid the after its attempt to rise, to hit the resistance of its EMA50, which forced it to bounce lower amid the dominance of bearish correctional wave on the short-term basis and its affection by breaking a main bullish trend line, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, intensifying the negative pressure around the price.
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The price of (BTCUSD) returned to decline in its last intraday trading, affected by the stability of the key resistance at $109,000, after offloading its clear oversold conditions on the intraday basis, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside a bias line.
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The price of (Brent) soars high in its last intraday trading, preparing to attack the critical resistance level at $68.50, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, with the continuation of the positive and dynamic pressure that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend and its trading alongside a supportive bias line for this track.
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The price of (crude oil) soars high in its last intraday trading, due to its lean on bullish correctional bias line on the short-term basis, gaining bullish momentum that helped it to achieve these strong gains, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels, preparing to reach our morning target at the key resistance at $65.00.
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