The price of (BTCUSD) witnessed fluctuated trading in its intraday levels, after surpassing the negative pressure of the EMA50, attempting to breach the top of the minor bearish channel that limited its previous trading on the short-term basis, but the price finds some resistance there, where we notice the beginning of the negative signals on the (RSI), after reaching overbought levels, to offload some of these conditions.
The price of (Brent) settled with slight gains in its last intraday trading, affected by breaking a bullish trend line on a short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, attempting to offload its oversold conditions on the (RSI), especially with the beginning of the positive signals’ emergence.
The price of (crude oil) rose in fluctuated intraday levels, in attempt to recover some of its previous losses, and attempts to offload some of its clear oversold conditions on the (RSI), especially with the emergence of the positive signals from them, amid its affection by breaking a minor bullish bias on the short-term basis, and a bearish correctional wave is the dominant.
The price of (Silver) moves in limited range, amid the continuation of negative pressure due to its trading below EMA50, under the domination of bearish correctional wave on the short-term basis, besides the emergence of the negative signals on the (RSI) after reaching overbought levels, reinforcing the chances for breaking the near support levels.