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Crude oil in a breather phase - Analysis- 30-04-2026
Crude oil prices declined in recent intraday trading after approaching the key resistance level at $107.50, which was one of our previous targets. The price entered a natural profit-taking phase following the recent upward wave, attempting to rebuild momentum needed to break above these levels.
This pullback comes alongside the price’s effort to ease overbought conditions on the relative strength indicators, especially with the emergence of a bearish crossover, which helps explain this temporary pause. Despite that, the short-term bullish trend remains dominant, with the price moving along a relatively steep trendline that reflects the strength of the current upward move, keeping the chances of resuming the rise intact in the coming period.
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Silver price rises cautiously - Analysis- 30-04-2026
Silver prices edged higher in recent intraday trading, attempting to recover part of their previous losses. This move is supported by efforts to relieve the oversold condition on the relative strength indicators, especially with the emergence of a bullish crossover that provides some temporary momentum.
MoreGold prices witness limited recovery within bearish track - Analysis-29-04-2026
Gold prices rose during their last intraday trading, supported by emerging positive signals from the relative strength indicators after a bullish divergence formed. This helped the price recover part of its previous losses and ease its oversold condition.
MoreEURUSD price is between bearish pressure and strong rebound potential - Analysis-29-04-2026
The EURUSD pair recorded a slight uptick in its recent intraday trading, amid the dominance of a bearish corrective wave and its movement within a price channel. Negative pressure persists as the pair trades below EMA50, limiting the chances of a full recovery in the near term.
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