Brent crude oil prices rose in recent intraday trading, retesting $94.00 resistance level, accompanied by testing bearish corrective trend line on the short-term basis, attempting to offload some of its clear oversold levels on the relative strength indicators, especially with the emergence of positive signals from them, amid the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure.

Bitcoin (BTCUSD) settles with series of consecutive losses in its recent intraday trading, attempting to look for higher low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the chances of its recovery on near-term basis, with the relative strength indicators reaching exaggerated oversold levels compared to the price move, with the emergence of positive overlapping signals.

Crude oil prices reinforced its cautious gains during their recent intraday movements, affected by the stability of the key support at $86.75 level, to complete its attempts of recovering its previous losses and offloading its oversold conditions on the relative strength indicators, especially with the emergence of positive signals from there, due to the effect of exiting minor bullish channel’s range on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery on the near-term basis.

Silver settles lower during its latest intraday trading, due to the stability of the resistance at $80.00, to gather the gains of its previous rises, to attempt to offload its overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, amid the dominance of the bullish corrective trend on short-term basis, with its trading alongside supportive trend line for this track, besides the continuation of the positive pressure that comes from its trading above EMA50, which reinforces the chances of its recovery in the near upcoming period.