The price of (ETHUSD) declined in the last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the recovery on the near-term basis, especially with the emergence of negative signals on relative strength indicators, after reaching overbought levels, leaning on the support of bullish corrective trend line on the short-term basis.

Bitcoin (BTCUSD) prices declined in their last intraday trading, with the emergence of the negative signals on the relative strength indicators, after forming negative divergence that intensifies the negative pressure around the price, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking bullish corrective trend line previously on the short-term basis.

Brent crude oil’s price extended its gains in its recent intraday trading, attempting to correct the main bearish trend on the short-term basis, amid its trading alongside steep minor bearish trend line, to retest $60.00 resistance, supported by the emergence of the positive signals on the relative strength indicators, reaching exaggerated overbought levels compared to the price move, to indicate a quick decline for the bullish momentum.

The price of (crude oil) witnessed sharp gains in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, to retest the resistance at $56.40 level, amid the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances for a sustainable recovery on the near-term basis, especially with its trading alongside steep minor bearish trend line on the short-term basis.