Crude oil prices (Crude Oil) declined in its recent intraday trading, after failing in yesterday’s session to breach the key resistance level of $61.50, exposing the price to negative pressure, especially with the continuation of the trading below the EMA50, and under the dominance of the main short-term bearish trend, and it’s trading along a trend line.

Brent crude oil (BRENT) declined in its recent intraday trading, under the dominance of a short-term bearish trend and its movement along short-term bullish trend line, which reflects the strength of this trend, especially with the continuation of the negative pressure due to its trading below the EMA50.

Bitcoin (BTCUSD) edged slightly higher in its recent intraday trading, amid the dominance of a corrective bullish wave, and the beginning of a positive divergence forming in the Relative Strength Index (RSI) after reaching excessively oversold levels compared to the actual price movement. Positive signals have started to emerge, supporting the bullish scenario. However, this is countered by ongoing negative pressure resulting from trading below the 50-period simple moving average.

The Ethereum price (ETHUSD) witnessed a slight increase in its recent intraday trading, supported by the emergence of positive signals from the Relative Strength Index (RSI)after reaching extremely oversold levels. However, the price continues to suffer under the control of the main bearish trend and its trading along a minor trend line on the short-term basis, accompanied with the continued negative pressure from trading below the EMA50