The price of (BTCUSD) declined in its intraday levels, due to the stability of the current resistance level at $108,000, with the emergence of the bearish signals on the (RSI), attempting to gain positive momentum that assist it to recover and breach this resistance, amid its affection by its exit from a bearish channel’s range on the short-term basis, supported by its continuous trading above its EMA50, which provides positive momentum.
The price of (Brent) witnessed fluctuated moves in its intraday trading, moving around the critical support level at $66.50, this support provided positive momentum that assisted the price to settle in the last period, to create confused trading area, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below the EMA50, on the other hand, there are positive signals on the (RSI), therefore, we notice the dominance fluctuation on the price trading.
The price of (crude oil) continued the sideways moves in tight range trading on the intraday levels, creating a fluctuated area in its upcoming trend on the short-term basis by its exit from this area, amid the dominance of its trading below EMA50, on the other hand, we notice the emergence of the positive signals on the (RSI).
The price of (Silver) declined in its last intraday trading, amid its confinement between the negative pressure that comes from its trading below its EMA50, and a minor bullish trend line on the short-term basis, which provides positive momentum, with the emergence of the positive signals on the (RSI).