Bitcoin (BTCUSD) prices rose in their last intraday trading, due to the stability of the key support at $85,500, gaining some bullish momentum to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals, amid the dominance of the main bearish trend and its trading alongside minor trend line on the short-term basis, and there is negative pressure due to its trading below EMA50, reducing the chances of the price recovery on the near-term basis.
Brent crude oil’s price witnessed big losses in its recent intraday trading, affected by its trading within minor bearish channel that limited its previous trading below EMA50, besides the emergence of negative signals on the relative strength indicators, after reaching overbought levels, intensifying this pressure on the price.
The price of (crude oil) slipped lower in its last intraday trading, affected by the stability of the key resistance at $56.40, with the emergence of negative signals on the relative strength indicators, after reaching overbought levels, with dynamic negative pressure that is represented by its trading below EMA50, which intensifies the negative pressures, especially with its trading alongside minor bearish trend line on the short-term basis.
The price of (silver) continued its fluctuating performance on its last intraday levels, attempting to gather its bullish momentum that might help it achieve new all-time highs, besides offloading the overbought conditions on the relative strength indicators, especially with the emergence of the negative signals until this moment, amid the continuation of the positive pressure due to its trading above EMA50, reinforcing the dominance of the main bullish trend on the short-term basis, with its trading alongside trend line.