Bitcoin (BTCUSD) prices rose during their last intraday trading, with the emergence of positive divergence on the relative strength indicators, after reaching exaggerated oversold levels compared to the price move, with the emergence of the positive signals from them, reinforcing the bullish momentum amid the dominance of the bullish corrective trend on the short-term basis and its trading alongside trendline that supports this track.
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Brent crude oil prices declined sharply in their last intraday trading, after the stability of the key resistance at $66.00, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to breach this resistance, amid the dominance of steep bullish corrective wave, indicating the strength of this track.
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The price of (crude oil) declined in its last intraday trading, amid the attempts of looking for a rising low to take it as a base to help it gain the required bullish momentum for its recovery, by the emergence of the negative signals on the relative strength indicators, after offloading its oversold conditions, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the bullish corrective trend on the short-term basis.
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The price of (silver) declined during its last trading intraday trading, to lean on the key support at $45.90, which represents our expected target, amid the dominance of the bearish corrective trend on the short-term basis, and its trading alongside supportive trendline, with the continuation of the negative pressure that comes from its trading below EMA50, besides offloading its oversold conditions on the relative strength indicators, intensifying the negative pressures.
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