Brent crude oil declined during its latest intraday trading session, with the formation of negative divergence from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move and the emergence of the negative signals from them, accompanied by the price reaching EMA50’s resistance, which intensified the strength of the negative pressure, especially with the dominance of the bearish trend on the short-term basis and its trading alongside trend line that reinforces the stability of this track.

Bitcoin (BTCUSD) extended its cautious gains during its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, which reached exaggerated overbought levels compared to the price move, as a clear signal for a quick decline for this positive momentum, threatening these gains, especially with reaching EMA50’s resistance, amid the dominance of the main bearish trend on the short-term basis.

Crude Oil prices surrendered to the surrounded negative pressures during the latest intraday session, as it declined after reaching EMA50, accompanied by testing minor bearish trend line on the short-term basis, increasing the strength of the negative pressures, especially with the emergence of the negative signals from the relative strength indicators after forming negative divergence as it reached excessive overbought level compared to the price move.

Silver prices attempted to recover some of its previous losses for today, supported by the emergence of positive signals from the relative strength indicators, after forming positive divergence that provided some positive momentum that helped it to achieve these cautious gains, amid the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, especially with its trading alongside supportive trendline for this path.