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Crude oil attempts to breach a key resistance - Analysis- 29-04-2026
Crude oil prices rose slightly with cautious movement in recent intraday trading, as the price continues its attempts to break the key resistance level at $98.00, signaling an effort to extend the current bullish wave.
This move comes after offloading overbought conditions on the relative strength indicators, opening the way to gain fresh positive momentum, especially as it continues to trade above its EMA50, which provides strong dynamic support. With the dominance of short-term minor bullish wave, the chance of upside moves remain intact in the coming period.
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Silver price attempts to ease oversold conditions - Analysis- 29-04-2026
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