Bitcoin (BTCUSD) has risen in its recent intraday trading, surpassing the negative pressure from the EMA50, breaching the strong resistance level at $81,000, which supports the bullish scenario, especially with the positive signals that appearing on the Relative Strength Index (RSI).
The price of Brent crude oil declined on the intraday levels, facing negative pressure after testing a major short-term descending trendline. This comes amid continued negative pressure due to trading below EMA50.
Crude oil prices declined in recent intraday trading, erasing all gains made earlier in the day, which were supported by positive signals from the Relative Strength Index (RSI). The decline continued until prices tested a short-term descending trendline, which forced a new downward rebound.
Gold resumed its upward movement in its latest intraday trading, after attempting in earlier movements to gather its gains, and clear overbought condition indicated by the Relative Strength Index (RSI). However, the upside track returns recording new highs.