The (EURUSD) settled in its last intraday trading, taking advantage of the critical support stability at 1.1730, attempting to recover some of yesterday's sessions, attempting at the same time to offload some of its clear oversold conditions on the relative strength indicators, with the emergence positive overlapping signals that indicates the attempts to regain the momentum.
On the other hand, the price remains under clear negative pressure due to breaking main bullish trendline on a short-term basis, and its trading below EMA50, which reduces the chances of its recovery on a near-term basis.
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The (BTCUSD) price witnessed strong gains in its last intraday trading, supported by the emergence of the relative strength indicators, despite reaching overbought levels, with the stability of the support level at $112,000, gaining renewed positive momentum, on the other hand, the negative pressure due to its trading below EMA50 remains valid, which obstructs the price’s full recovery on the near-term basis.
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The (crude oil) soared high in its last intraday trading, to breach our suggested target at $64.35 resistance, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of bullish correctional wave, indicating the dominance of this trend, especially with the emergence of the positive signals on the relative strength indicators, despite its stability in overbought levels.
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The (Gold) price declined in its last intraday trading, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, looking for a higher low to take it as a base for gaining the required positive momentum to recover, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances for the price recovery, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line.
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