Brent crude oil price rose during its recent intraday trading, affected by the dynamic support that is represented by its trading above EMA50, with breaching bearish correction trend line on the short-term basis, gaining more of the bullish momentum with the price rise after offloading some of its overbought conditions from the relative strength indicators, opening the way for extending these gains in the upcoming near period.

Bitcoin (BTCUSD) price rose in its recent intraday trading, to breach $77,500 key resistance, which represented an expected target in our previous analysis, taking advantage of the dominance of the main bullish trend on short-term basis, with its trading alongside supportive main and minor trend lines for this path, with the continuation of the positive pressure that comes from its trading above EMA50, besides the emergence of positive signals from relative strength indicators, despite reaching overbought levels.

Crude oil price settles with gains in its last intraday trading, affected by breaching bearish corrective trend line on short-term basis, gaining bullish momentum that attempts to surpass the negative pressure of EMA50, announcing its full recovery in the upcoming near period, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, which prevented extending the last gains.

Silver price declined slightly in its recent intraday trading , after offloading its oversold conditions on the relative strength indicators in its early trading for today, to notice that the indicators reached sever overbought levels compared to the price move, after reaching EMA50, which prevented extending its gains, affected by exiting short- term negative technical formation’s range, which is the rising wedge pattern.