The price of (BTCUSD) rose in its last trading on the intraday levels, attempting to get rid of the negative pressure on the EMA50, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels previously, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside a supportive bias for the trend, reinforcing the chances to rise.
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The price of (Brent) settles high in its last intraday levels, amid its trading alongside a minor bullish trend that supports the positive track, to settle above the resistance at$68.40, surpassing the negative pressure of the EMA50, on the other hand, we notice the beginning of negative overlapping signals appearance on the (RSI), reaching overbought levels that might decelerate the upcoming gains temporarily on the intraday levels.
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The price of (crude oil) rose in its last intraday trading, to return to settle above the resistance of $65.60, surpassing the resistance of the EMA50, to get rid of its negative pressure supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels, which might decelerate the upcoming gains, due to its neediness to offload some of these conditions.
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The price of (Silver) witnessed fluctuated trading on its last intraday levels, amid its attempts to gain positive momentum that might assist it to breach the stubborn and critical resistance level at $39.10, amid the dominance of the main bullish trend on the short-term basis and its trading above EMA50, reinforcing the chances for the price recovery and breaching this resistance, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels exaggeratedly compared to the price move, indicating the beginning of positive divergence.
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