Silver price retests a key resistance -Analysis-13-05-2025

Brent crude oil price declined in its recent intraday trading, gathering the gains of its recent rises, and attempting to gain positive momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line, on the other hand, we notice the emergence of the negative signals on the (RSI), but it entered exaggerated oversold levels compared to the price move.

The (ETHUSD) price declined in its recent intraday trading, attempting to look for a rising bottom to take it as a base that might assist it to gain the required positive momentum to recover, especially with the (RSI) indicators reaching oversold levels, exaggeratedly compared to the price move, which indicates the beginning of forming a positive divergence, especially with the emergence of positive overlapping signal, amid the dominance of the main bullish trend on the short-term basis.

The (EURUSD) price rose slightly in its recent intraday trading, attempting to recover some of its previous losses, and attempts to offload some of its clear oversold conditions on the (RSI), especially with the beginning of positive overlapping signals appearance.