The (ETHUSD) price witnessed a strong rise in its last intraday trading, to breach the key resistance level at $2,675, amid the bullish correctional trend on the short-term basis alongside a bias line, with the emergence of the positive signals on the (RSI), despite reaching overbought levels, indicating the strength of the positive momentum.
The (Brent) price rose in its last intraday levels, with the emergence of the positive signals on the (RSI), after reaching exaggerated oversold levels, amid the dominance of the bullish trend on the short-term basis and its trading alongside a minor bias line, with the continuation of the positive pressure due to its trading above EMA50, forming dynamic support that keeps the bullish track.
The (silver) price rose in its last intraday trading, due to its lean on the critical support level at $36.30, providing more of the positive momentum that assisted it to settle, especially with the beginning of positive overlapping signals appearance on the (RSI), after reaching exaggerated oversold levels compared by the price move, indicating the beginning of forming positive divergence, which will intensifies the positive pressures, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.
The (USDCHF) price declined in its last intraday trading, due to the stability of the critical resistance level at 0.7985, to break a bullish correctional trend line on the short-term basis, accompanied by surpassing the support of its EMA50, which puts it under intensive negative pressure, especially with the emergence of the negative signals on the (RSI), despite reaching oversold levels.