The (ETHUSD) price declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative crossover on the relative strength indicators, after reaching exaggerated overbought levels, to indicate forming negative divergence which might intensify the negative pressure.
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The (Brent) price settled with cautious gains in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, reinforcing its continuous trading below EMA50, to attempt to recover some of its previous losses, to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals.
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The (silver) price reinforced its gains in its last intraday trading, recording new all-time highs, supported by its continuous trading above EMA50, reinforcing the stability of the main bullish trend on the short-term basis amid its trading alongside minor and main trendlines that indicates the strength of this track, besides the emerging of the positive signals on the relative strength indicators.
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The (USDCHF) price settled low in its last intraday trading, leaning on the key support at 0.8000, amid its attempts to look for a rising low to help it gain the required bullish momentum for its recovery, amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline, besides the continuation of the positive pressure due to its trading above EMA50, accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, indicating the beginning of forming positive divergence.
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