The (ETHUSD) price settled on sharp gains in its last intraday trading, to confirm breaching $3,300 resistance, taking advantage of dynamic support that is represented by its trading above EMA50, under the dominance of the bullish trend on short-term basis with its trading alongside trendline, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.
The (Brent) price fluctuated in its last trading on the intraday basis, due to the stability of the resistance at $65.00, this resistance represents our expected target in our previous analysis, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and breach this resistance, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of negative signals from them, amid the dominance of the main bullish trend on the short-term basis.
Silver price surged high in its last intraday trading, to breach $87.60 resistance, this resistance was the last expected target in our previous analysis, amid full dominance for the main bullish trend on the short-term basis, with its trading alongside supportive trend line, besides the emergence of the positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on near-term basis.
The (USDCHF) price extended its gains in its last trading on the intraday levels, reaching 0.8015 key resistance, which represents an expected target in our previous analysis, amid the dominance of the bullish corrective trend on the short-term basis, with its trading alongside supportive trend line, besides the continuation of the dynamic support that is represented by its trading above EMA50, despite the emergence of negative signals from relative strength indicators, in attempt to offload some of its clear overbought conditions, indicating the strength of the bullish momentum.