The (USDJPY) price witnessed fluctuated trading on its last intraday levels, in an attempt to offload some of its overbought conditions on the (RSI), especially with the emergence of the negative signals from there, gathering its positive strength that might help it to rise again, amid its affection by breaching a bearish correctional trend line on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, which supports the bullish track.
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The (GBPUSD) price continued its decline on its last intraday trading, affected by breaking a bullish correctional bias line on a short-term basis, supported by the emergence of the negative signals on the (RSI), despite reaching oversold levels, to lean on the support of its EMA50, which might reduce the upcoming losses temporarily.
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The price of Bitcoin (BTCUSD) declined in its last intraday trading, after it managed to offload the oversold conditions that were clear on the (RSI), but the effect of breaking the minor bullish bias on the short-term basis remains the dominant on its last trading.
Accompanied by the continuation of the negative pressure that comes from its trading below EMA50, intensifying the pressure on the price and reinforcing the chances of resuming the decline towards new support levels unless they manage to regain positive momentum.
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The (crude oil) price declined in its last intraday trading, after it managed to offload the clear oversold levels on the (RSI), taking advantage of its stability at the critical support at $62.00, providing some of the positive momentum that helped it to bounce higher temporarily.
The price reached the resistance of its EMA50, putting it under negative pressure that returns the dominance of the sellers, especially with the continuation of the minor bearish wave on the short-term basis, reinforcing the possibilities of resuming the decline towards new support levels.
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