Brent crude oil witnessed cautious and limited gains at its last intraday levels, with the dominance of the negative pressure that comes from its trading below EMA50, which reduces the chances of its full recovery in the upcoming near period, especially with the emergence of the negative signals from the relative strength indicators after reaching overbought levels, under the dominance of the short-term main bearish trend.

The price of Bitcoin declined in its recent intraday trading, resuming its negative moves, amid the dominance of the sellers on the markets, with the weakness of the overbought conditions, which limits the chances of strong rebound in the near period.

Accompanied by the emergence of the negative signals from the relative strength indicators, indicating the decline of the bullish momentum, as the price keeps trading below EMA50, which represents a dynamic resistance that reinforces the strength and stability of the main bearish trend on the short-term basis, especially with the price move alongside bearish trend line that supports this path.

Crude Oil fluctuated in its last intraday trading, attempting to recover some of its previous losses, however these attempts remain limited, where the technical overview remains negative by the continuation of the trading below EMA50, which represents dynamic resistance and limits the chances of sustainable recovery, therefore, the chances of resuming the bearish trend remain valid in the near period, unless the price manages to breach technical resistance that supports changing the trend.

Silver rose in its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after forming positive divergence that provided this momentum. The price remains affected by the negative pressure due to its trading below EMA50, representing dynamic resistance that reinforces the strength and stability of the main bearish trend on the short-term basis, especially with its trading alongside supportive trend line for this path.