Bitcoin (BTCUSD) prices witnessed a sudden rebound on their last intraday levels, keeping the bullish corrective track on the short-term basis with its trading alongside supportive trendline, taking advantage of the positive pressure that comes from its trading above EMA50, the emergence of the positive signals helped the price to reinforce its gains on the relative strength indicators, after forming positive divergence after reaching oversold levels, exaggeratedly compared to the price move.
Brent crude oil prices declined in their last intraday trading, due to the stability of the key resistance at %65.00, to gain bullish momentum that might help it to breach this resistance, and attempt to offload its overbought conditions on the relative strength indicators, amid the continuation of the positive pressure that comes from its trading above EMA50, affected by positive technical formation that has formed on the short-term basis (the falling wedge pattern).
The price of (crude oil) declined in its last intraday trading, attempting to gain bullish momentum that may help it to recover and rise again, and attempts to offload some of its overbought conditions on the relative strength indicators, approaching from leaning on the support of its EMA50, amid the dominance of the main bullish corrective trend on the short-term basis and its trading alongside supportive trendline for this track.
The price of (silver) extended its gains in its last intraday trading, to breach the current resistance level at $51.25, taking advantage of the positive support that comes from its trading above EMA50, amid its trading alongside minor bullish trend line on the short-term basis, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.