The (ETHUSD) price witnessed fluctuated trading in its last intraday levels, supported by the emergence of positive signals from relative strength indicators, after reaching oversold levels, affected by the dynamic support due to its trading above EMA50, attacking $3,045 resistance, affected by breaching minor bearish trend line previously on the short-term basis.
The (Brent) price kept rising during its last intraday trading, to surpass the resistance of EMA50, attempting to get rid of its negative pressure, affected by its exit from the minor bearish channel’s range that was confining its previous trading on the short-term basis, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
Silver price soared during its last intraday trading, breaching $66.90 key resistance, which represents a target in our previous analysis, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line, besides the emergence of positive signals on the relative strength indicators, despite reaching overbought levels.
The (USDCHF) price witnessed fluctuating trading on its last intraday levels, amid the continuation of the negative pressure due to the trading below its EMA50, and under the dominance of minor bearish waves on the short-term basis, besides the beginning of negative signals emergence from the relative strength indicators, after reaching overbought levels, which intensifies the negative pressures around the price.