The (EURUSD) price rose in its last intraday trading taking advantage of the stability of the key support at 1.1600, providing temporary positive momentum, especially with the emergence of the positive signs on the relative strength indicators that helped it to settle after the last bearish wave.
This corrective rise accompanied by the price attempt to recover some of its previous losses, but the negative pressure remains valid due to the continuation of its trading below EMA50, besides the dominance of the bearish corrective trend on the short-term basis, and its trading alongside supportive trendline for this track.
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The (BTCUSD) price witnessed fluctuated trading on its recent intraday levels, amid the dominance of the bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of the positive signals on the relative strength indicators after reaching oversold level.
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The (crude oil) returned to rise in its last intraday trading, after offloading some of its overbought conditions on the relative strength indicators, opening the way for achieving more of the gains, amid the dominance of bullish corrective wave on the short-term basis, attempting to rise to get rid of the negative pressure of the EMA50.
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The (Gold) price recorded new all-time highs on the intraday basis, amid the dominance of the its trading above $4,000, supported by its trading above EMA50, under the dominance of the main bullish trend on the short-term basis and its trading alongside trend line, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, which reduced its last gains.
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