Brent crude oil’s prices surged higher in its last intraday trading, to breach $65.00 resistance, which was an expected target in our previous analysis, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above EMA50, noticing the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains in the upcoming period.
BTCUSD’s price declined in its recent intraday trading, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, and it attempts to offload its clear overbought levels on the relative strength indicators, especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this trend.
The price of (crude oil) witnessed strong gains on its last intraday, breaching $61.00 resistance, amid the dominance of steep main bullish trend on the short-term basis, indicating the strength and dominance of this track, noticing the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving the last gains.
The price of (silver) fluctuated on its last intraday levels, attempting to gain bullish momentum that might help it to resume its strong gains in the upcoming period and recording new historical levels, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the positive pressure due to its trading above EMA50, reinforcing the dominance and the stability of the main bullish track on the short-term basis.