Brent prices witnessed mixed moves on their last intraday levels, to complete its sideways range move in the previous period, as attempt to gather its positive strength that might help it to keep the main bullish trend on short-term basis, with its trading alongside trend line, taking advantage of its trading above EMA50, which provides renewed bullish momentum, on the other hand, we notice the emergence of negative overlapping signals from relative strength indicators, after offloading its oversold conditions.
BTCUSD price declined in its last intraday trading, amid the dominance of the main bearish trend on short-term basis, with its trading alongside supportive minor trend line for this bearish track, besides the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators, after reaching exaggerated overbought levels compared to the price move.
The price of (crude oil) declined in its last intraday trading, completing its sideways moves looking for its upcoming track, amid the continuation of the positive pressure due to its trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this path, noticing the emergence of the positive signals from relative strength indicators, after reaching oversold levels.
The price of (silver) settles on gains in its last intraday trading, amid the emergence of positive signals from relative strength with its trading alongside minor bullish trend line on the short-term basis, and it benefited from the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of extending its gains on the near-term basis.