The price of (BTCUSD) declined in its last intraday trading, surrendered to the negative pressures after its success in its previous trading to recover some of the losses, and offloading some of its clear oversold conditions on the (RSI), especially when breaking the critical support at $112,000, amid the dominance of bearish correctional wave.
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The price of (Brent) rose in its last trading on the intraday levels, preparing to attack our morning target at $67.60 resistance, amid its affection by positive technical formation on the short-term basis ( the double top pattern), supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), despite its stability on the overbought levels.
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The price of (crude oil) rose in its last intraday trading, attacking the critical resistance at $63.75, amid bullish correctional trading on the short-term basis, taking advantage of the dynamic support that is represented by its trading above EMA50, providing more stability for the bullish scenario on the price, especially with the emergence of the positive signals on the (RSI), after offloading some of its overbought conditions, which allows it to target new resistance levels.
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The price of (Silver) declined in its last intraday trading, to gather the gains of its previous rises, attempting to gain positive momentum that might help it to recover and rise again, besides offloading its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, leaning on the support of its EMA50, amid its affection by breaching a minor bearish bias line previously on the short-term basis.
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