Brent crude oil price declined during its recent intraday trading, with the price trading within bearish channel’s range that limits its previous trading on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, intensifying the negative pressure on the price, beside the emergence of negative signals from the relative strength indicators, after forming negative divergence that increases the likelihoods of deepening the losses in the upcoming near period.

Bitcoin price (BTCUSD) deepened its losses during its recent intraday trading, to break $70,000 support level, which represented an expected target in our previous analysis, amid the dominance of the main bearish trend with its trading alongside minor supportive trend line for this path in the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals from the relative strength indicators, despite reaching oversold levels.

Crude oil price settles with series of consecutive losses in its recent intraday trading, amid the dominance of minor bearish wave on the short-term basis, with the price movement alongside supportive trend line for this path, with continued dynamic and negative pressure due to its trading below EMA50, which reduces the chances of its recovery on the near-term basis, with the emergence of the negative signals on the relative strength indicators.

Silver price settles on strong gains in its recent intraday trading, getting rid of the negative pressure of EMA50, reinforcing the chances of extending these gains in the upcoming near period, especially with breaching its current resistance, with the emergence of the positive signals from the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, besides the dominance of minor bullish wave on the short-term basis.