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Bitcoin (BTCUSD) breaches the ceiling of bearish corrective channel - Analysis-06-04-2026
Bitcoin (BTCUSD) surged higher during recent intraday trading, breaching the top level of bearish corrective channel’s range that constrained its short-term moves.
This breach accompanied by surpassing EMA50’s resistance, which helped it to surpass the previous negative pressure, supported by the emergence of the positive signals from the relative strength indicators, reinforcing the chances of the bullish momentum continuation, and supports the likelihoods of extending the gains in the upcoming near period.
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Crude oil prices attempt to breach its current resistance - Analysis- 06-04-2026
Crude Oil prices fluctuated during recent intraday trading, after the stability of the current resistance at $105.00, where it attempts to gain positive momentum that might help it to breach this barrier, and offloading its overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, which justifies the current fluctuation.
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Silver price declined slightly during its latest intraday trading, settling at EMA50’s support, providing positive momentum that helped reduce part of its early losses.
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