The price of (ETHUSD) settles on a sharp decline in its last intraday trading, and there is negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, on the other hand, the price moves alongside bullish trend line on its intraday levels, which helped the price to settle temporarily.
BTCUSD prices rose slightly in its last intraday trading, as it leaned on a support of a main bullish trend line on short-term basis, gaining some bullish momentum that helped it to achieve these gains, to target recovering some previous losses, and attempts to offload its oversold conditions on the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, with the dominance of bearish corrective wave on the intraday basis.
brent price declined in its recent intraday trading, erasing its early gains for today amid the emergence of the negative signals from relative strength indicators, attempting to look for higher low to use it as a base that might help it gain the required bullish momentum for its recovery, amid the dominance of the main bullish trend on short-term basis, with the continuation of the positive support due to its trading above EMA50, reinforcing the recovery chances on near-term basis.
The price of (crude oil) declined in its last intraday trading, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, leaning on the support of its EMA50, attempting to gain bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on short-term basis.