Brent crude oil’s prices recovered strongly on its last intraday levels, taking advantage of the main bullish trend dominance with the continuation of the positive pressure that comes from its trading above EMA50, after a bearish journey that led it to find higher rise that helped it to build new buying areas, and the emergence of the positive signals support the relative strength indicators after reaching oversold levels.
BTCUSD’s price settles with losses in its recent intraday trading, amid its attempts to look for higher low to use it as a base to rise again, amid the dominance of the main bullish trend on a short-term basis, with its trading alongside supportive trend line for this trend, with dynamic pressure that is represented by its trading above EMA50, which reinforces the chances of the price recovery in the upcoming period, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move with the emergence of positive overlapping signals.
The price of (crude oil) surged higher on its last intraday levels, due to its leaning on EMA50’s support, gaining bullish momentum with the emergence of positive signals from relative strength indicators, after forming positive divergence by the surrounding bullish momentum, amid the dominance of the main bullish trend on a short-term basis.
The price of (silver) rose slightly in its last intraday trading, preparing to attack the solid resistance at $92.00, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the dominance and stability of the main bullish trend on a short-term basis, especially with its trading alongside supportive trend line, accompanied by the relative strength indicators reach to oversold levels, exaggeratedly compared to the price move, to approach a new bullish momentum that might support its rise in the upcoming period.