Brent crude oil’s prices rose in its last intraday trading, after offloading some of its overbought conditions on the relative strength indicators, taking advantage of the renewed bullish momentum due to its trading above EMA50, under the dominance of the bullish corrective trend on the short-term basis, which reinforced resuming the strong gains in the last period.
BTCUSD’s price declined in its recent intraday trading, amid the stability of the key resistance at $94,000, attempting to gain bullish momentum that might help it to recover and rise again, the price succeeded in offloading its overbought conditions on the relative strength indicators, opening the way for achieving more gains on the near term basis, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside trend line.
The price of (crude oil) surged higher in its last intraday trading, due to its leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these strong gains, preparing to attack the key resistance at $58.70, the rise came with the emergence of the negative signals from the relative strength indicators, indicating the strength of the bullish momentum around the price.
The price of (silver) witnessed slight losses in its last intraday trading, due to the stability of the key resistance at $78.10, attempting to gain the required positive momentum to breach the resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on the short-term basis with its trading alongside trendline that supports this track, accompanied by the emergence of the positive signals from the relative strength indicators, despite its stability in overbought levels.