The price of (BTCUSD) deepened its losses in its last intraday trading, to break the critical support level at $112,000, amid the continuation of the negative pressure that comes from its trading below EMA50 and under the domination of the bearish trend on the short-term basis, and its trading alongside a supportive bias for this trend, besides the emergence of the negative signals on the (RSI), after its success in offloading its oversold conditions in its early trading, increasing the negative pressure, opening the way for recording more of the losses on the near-term basis.
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The price of (Brent) rose in its last trading on the intraday levels, attacking our morning the current resistance at $68.60, supported by a positive technical pattern on the short-term basis -the double bottom pattern- amid the continuation of the positive pressure that comes from its trading above EMA50, besides the return of the positive signals on the (RSI), after the price success in offloading its overbought conditions, opening the way for achieving the last gains.
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The price of (crude oil) rose in its last intraday trading, surpassing the critical resistance level at $63.75, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), after the price success in offloading its overbought conditions, opening the way towards achieving more gains, this comes amid its affection by positive technical formation on the short- term basis ( double bottom pattern), providing more stability for the positive scenario.
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The price of (Silver) declined in its last intraday trading, amid its attempts to gain its previous rises, to gain positive momentum that might assist its recovery and begin strong bullish wave, and offloading its overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend and its trading alongside a minor supportive bias line for the trend, besides the continuation of the positive pressure that comes from its trading above EMA50, reinforcing the stability of the positive scenario.
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