Brent prices witnessed strong gains in their last intraday trading, due to its leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these gains, surpassing the negative pressure of EMA50, in a significant step to recover and extend the intraday gains, especially with the emergence of positive signals from relative strength indicators.

BTCUSD price declined in its last intraday trading, due to the stability of the key resistance at $71,500, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the strength and dominance of the main bearish trend on short-term basis, besides the emergence of negative signals from relative strength indicators, intensifying the negative pressure on the price.

The price of (crude oil) rose in its last intraday trading, surpassing EMA50’s resistance, getting rid of its negative pressure, reinforcing the chances of extending these intraday gains, especially with the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this track, besides the emergence of positive signals from relative strength indicators.

The price of (silver) declined during its last intraday trading, to gather the gains of its previous rise, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative signals from there, affected by breaching bearish corrective trend line on short-term basis, the price remains under negative pressure due to its trading below EMA50, which might reduce the chances of sustainable recovery on the near-term basis.