The (EURUSD) declined in its last intraday trading, affected by the continuation of the negative pressures that comes from its trading below EMA50, and the pair attempts to gain bullish momentum that might help it to surpass these pressures and regain its balance.
This comes amid the dominance of the minor bullish wave on the short-term basis, besides the price move alongside a supportive bias line for this track, accompanied by the emergence of positive signals on the (RSI), providing a chance for rising again in the near-term basis.
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The (BTCUSD) declined in its last intraday trading, after it succeeded in offloading its clear oversold levels on the (RSI), increasing the negative pressure around the price, amid the the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the bearish trend on the short-term basis and its trading alongside a bias that reinforces the stability of this trend.
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The (crude oil) slipped lower in its last intraday trading, amid its attempts to look for a rising low to take it as a base to gain the required positive momentum to recover, amid the dominance of bullish correctional wave on the short-term basis, with the continuation of the positive pressure that comes from its trading above EAM50, noticing the (RSI) reach to the oversold levels, exaggeratedly compared by the price move.
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The (Gold) price rose in its last trading on the intraday basis, breaching the current resistance level at $3,375, taking advantage of dynamic support that is represented by its trading above EMA50, and under the dominance of minor bullish wave on the short-term basis and its trading alongside a bias line, besides the return of the positive signals on the (RSI), after offloading its overbought conditions, opening the way for achieving more of the gains on the near-term basis.
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