The price of (BTCUSD) settled low in its intraday levels, due to the stability of the current resistance at $120,000, to attempt to gain a positive momentum that might help it to breach this level, and attempting the same time to offload some of overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the continuation of the positive support that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis alongside a bias line.
The price of (Brent) settled high in its last intraday levels, where it declined in an attempt to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, taking advantage of the dynamic support that is represented by its trading above EMA50, providing positive momentum.
The price of (crude oil) settled in its last intraday trading, confirming the positive behavior that began since yesterday, where it surpassed the resistance of EMA50, getting rid of its negative pressure, drawing new bullish track alongside a trend line on the short-term basis, but it might face some obstacles, where we notice the beginning of negative overlapping signals on the (RSI),after reaching overbought levels, which might decelerate its upcoming gains.
The price of (Silver) rose in its last intraday trading, supported by its continuous trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of negative overlapping signals on the (RSI), after reaching overbought levels, which might force the price to bounce lower to offload this overbought condition and gathering the positive momentum.