Brent crude oil’s prices declined in its last intraday trading, within corrective move to use it as a base to look for a new rising low that might help it to rebuild the bullish momentum and resume the recovery and rise in the upcoming period.

This comes amid the continuation of the dynamic support that is represented by the trading above EMA50, reinforcing the chances of recovery on a near term basis, accompanied by the relative strength indicators reach exaggerated oversold levels compared to the price move, after offloading the previous overbought conditions, which supports the likelihoods of a potential bullish rebound.

BTCUSD’s price rose in its recent intraday trading, attacking $97,000 resistance level, after offloading its overbought conditions on the relative strength indicators, opening the way for achieving more gains in the upcoming period, amid the continuation of the positive pressure that comes from its trading above EMA50, with the dominance of the main bullish trend and its trading alongside supportive trend line for this trend.

The price of (crude oil) continued its sharp decline in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, in attempt to look for rising low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis, if it keeps its current supports.

The price of (silver) rose in its last intraday trading, returning its balance and recovering big part of its early losses for today, after offloading its clear overbought conditions on the relative strength indicators, amid the dominance of the main bullish trend and its trading alongside supportive trend line for this trend on the short-term basis, besides the continuation of the positive pressure due to its trading above EMA50, reinforcing the chances of extending the gains in the upcoming period.