The price of (ETHUSD) remains moving within limited range of sideways trading on its last intraday levels, amid the continuation of the negative pressure due to its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on short-term basis, besides the emergence of negative signals from relative strength indicators after offloading its oversold conditions, after reaching overbought levels, which intensifies the negative pressure on the price.

Brent prices rose in their last intraday trading, to retest $68.20 resistance level, accompanied by reaching EMA50’s resistance, this rise was supported by the emergence of positive signals from relative strength indicators after reaching oversold levels, but the price remains moving within bearish corrective wave on short-term basis, affected by breaking main bullish trend line on short-term basis.

BTCUSD price declined in its last intraday trading, with the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, despite the emergence of positive signals from relative strength indicators, indicating the absence of bullish momentum in a clear signal for its momentum to deepen these losses.

The price of (crude oil) witnessed strong gains in its last intraday trading, taking advantage of the emergence of positive signals from relative strength indicators, after forming positive divergence, approaching from recovering all yesterday’s losses, despite these gains the price remains under negative pressure due to its trading below EMA50, affected by breaking main bullish trend line previously on the short-term basis.