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Crude oil prices rebound after reaching our target - Analysis- 23-04-2026
Crude oil prices were experiencing volatile movements in its recent intraday trading after reaching the $95.00 resistance level, which was a prior price target. As this resistance held firm, the price faced a bearish pullback to rebuild the momentum needed to challenge it again.
At the same time, the price is offloading overbought conditions on the relative strength indicators, with the emergence of a negative crossover, which explains the temporary decline. Despite this, the price remains supported by trading above EMA50, with the positive impact of previously breaking a corrective downward trendline. This strengthens the chances of resuming the upward move and attempting to break the resistance in the upcoming period.
Silver price is under negative pressure - Analysis- 23-04-2026
Silver price witnessed fluctuating movements during its recent intraday trading, affected by a bearish technical formation represented by a rising wedge pattern in the short term, intensifying the selling pressure on current price action and weakened the chances of near-term stability.
MoreGold prices hit our target - Analysis-23-04-2026
Gold declined during its recent intraday trading, testing the support level at $4,700, a level that was a target in our previous analysis, providing some positive momentum, allowing it to rebound and recover part of its losses. This movement reflects an attempt by the price to stabilize after the recent selling pressure.
MoreEURUSD price between hammer and anvil - Analysis-23-04-2026
The EURUSD pair continues to stabilize after a series of losses in its recent intraday trading, weighed down by ongoing negative pressure as it trades below EMA50, which still limits the chances of a full recovery in the near term.
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