The (ETHUSD) price continued its sideways trading in its last intraday levels, attempting to gain bullish momentum that might help it to rise, amid the continuation of the critical support level stability at $4,250, with the emergence of positive overlapping signals on the(RSI), after reaching oversold level, on the other hand, the price is under negative pressure that comes from its trading below EMA50, which prevents the price recovery in the previous session.
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The (Brent) price rose in its last intraday trading, amid the dominance of bullish correctional wave on the intraday basis, with the emergence of positive overlapping signals on the (RSI), providing an opportunity for reinforcing these gains, on the other hand, the price remains under negative pressure that comes from its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis.
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The (silver) price rose in its last intraday trading, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line for this trend, besides the continuation of the dynamic support that is represented by its trading above EMA50, noticing the formation of positive divergence on the (RSI), after reaching oversold levels, with the emergence of positive overlapping signals, which intensified the chances for the price recovery on the near-term basis.
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The (USDCHF) price declined slightly in its last intraday trading, due to the stability of the critical resistance at 0.7985, putting it under negative pressure that intensified by the emergence of negative overlapping signals on the (RSI), after reaching overbought levels, to suggest the beginning of forming negative divergence, with the continuation of the negative pressure that comes from its trading below EMA50, and under the bearish trend on the short-term basis.
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