Brent Crude oil price witnessed a strong rise in its intraday trading, surpassing the resistance of the EMA50, to move in its way to get rid of its negative pressures by attacking the critical resistance at $64.80, amid the domination of a bullish correctional wave on the short-term basis, with the beginning of the positive signals emergence on the (RSI).
Crude oil price rose higher in its last intraday trading, with the beginning of the positive signals emergence by the (RSI), after reaching exaggerated oversold areas compared with the price move, forming a positive divergence, which make the price surpass the resistance of the EMA50, and attack the neckline of the previously formed inverted head and shoulders pattern.
The Gold price extended its gains in the recent intraday trading, affected by the formed flag pattern on a short-term basis, to succeed in its last trading to surpass its main resistance at $3,300, supported by the domination of the main bullish trend and its trading alongside a minor trend line on the short-term basis, showing the strength of this trend.
The EURUSD price declined in its last intraday trading, taking a short break gathering the gains it made by its recent rises, attempting to gain some of the positive momentum that help it to rise, and there are positive signs coming from the (RSI).