Bitcoin (BTCUSD) rose in its latest intraday trading, reaching EMA50’s resistance, accompanied by testing a bearish corrective trend line on the short-term basis, threatening these gains by a negative rebound in the near upcoming period, especially with the emergence of negative divergence that intensifies the negative pressures on the price.
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The price of brent crude oil witnessed fluctuating trading in its latest intraday levels, attempting to gain bullish momentum that might help it resume its gains in the near upcoming period, especially with the positive pressure that might push the price to rise, amid the dominance of the main bullish trend on the short-term basis, with the continuation of the positive and dynamic support that is represented by ist trading above EMA50, with the emergence of the positive signals from the relative strength indicators, after forming positive divergence that reinforces the chances of this rise.
MoreCrude oil price keeps its early gains in its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators after reaching oversold levels with the continuation of the positive pressure that comes from its trading above EMA50, which provides a dynamic support base that reinforces the dominance and stability of the main bullish trend on the short-term basis, especially with its trading alongside main and minor trend lines that support this trend.
MoreSilver price settles with sharp gains in its latest intraday trading, reaching our morning target at the key support of $62.60, affected by breaking a main bullish trend line on the short-term basis, affected by the negative and dynamic pressure due to its trading below EMA50, which reduces the negative pressures, especially with the emergence of the negative signals from the relative strength indicators after reaching overbought level, exaggeratedly compared to the price move.
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