The (EURUSD) rose strongly in its last intraday trading, due to the stability of the critical support at 1.1590, supported by the emergence of the positive signals on the (RSI), that pushed it to recover big part of its previous losses, however these indicators reached overbought levels, indicating that the bullish momentum might disappear.
The price reached the resistance of EMA50, which limited its gains and kept the selling pressure possible in the upcoming period, indicating a critical technical situation, which might force the price to test near support levels if it failed to surpass this resistance.
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The (BTCUSD) rose in its last intraday trading, to retest the key resistance at $112,000, amid the continuation of the negative pressure that comes from its trading below EMA50, and under the dominance of the bearish trend on the short-term basis and its trading alongside abias line, besides the emergence of the negative signals on the (RSI), after reaching overbought levels, which weakens the possibility for the price recovery.
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The (crude oil) soars higher in its last intraday trading, due to its lean on the support of EMA50, and under the dominance of bullish correctional wave on the short-term basis, gaining positive momentum that helped it to achieve these gains, accompanied by the formation of bullish divergence on the (RSI), after reaching oversold levels, with the emergence of the positive signals from there.
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The (Gold) price wore green in its last intraday trading, supported by its continuous trading above EMA50, under the dominance of a minor bullish wave on a short-term basis and its trading alongside a supportive bias line for this trend, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.
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