Bitcoin (BTCUSD) prices declined in its last intraday trading, due to the stability of the key resistance at $94,000, attempting to gain the required bullish momentum to help it breach the resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis and its trading alongside trend line.
Brent crude oil’s price declined on the recent intraday trading, due to the stability below the key resistance at $62.10, confirming the negative scenario with dynamic pressure that is represented by its trading below EMA50, affected by exiting minor bullish channel range that limited its previous trading on the short-term basis, offloading some clear oversold conditions on the relative strength indicators.
The price of (crude oil) witnessed fluctuating trading in its last intraday levels, between the upcoming bullish momentum due to the stability of the key support at $58.20, and the negative signals on the relative strength indicators, after reaching oversold levels, accompanied by the continued negative pressure due to its trading below EMA50, affected by negative technical formation on the short-term basis that is represented by the rising wedge pattern.
The price of (silver) declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, gathering its positive strength that might help it to recover and rise again, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability and dominance of the main bullish track on the short-term basis.