The GBPUSD pair settles with series of consecutive losses in its recent intraday trading, reaching EMA50’s support in a last attempt to find a higher low to use it as a base to help it gain the required bullish momentum for its recovery, especially with the continuation of the trading alongside main bullish trend line on short-term basis, reinforcing the chances of this recovery, with the emergence of positive signals from the relative strength indicators, after reaching oversold levels.
Bitcoin (BTCUSD) settles with strong gains in its recent intraday trading, settled above the key resistance of $79,300, in a clear signal for breaching it technically, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for expanding its gains in the upcoming near period.
MoreCrude oil price declined slightly in its lats intraday trading, to gather gains after the previous rises, accompanied by the price attempt to rebuild bullish momentum that might help it to resume its strong gains again.
MoreSilver price settles with strong losses during its recent intraday trading, to confirm breaking $73.60 support, in a negative signal that indicates the continuation of the negative scenario dominance on the short-term basis, this comes amid the dominance of minor bearish wave that pushes the price to keep its negative track.
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