The price of (ETHUSD) rose in the last intraday trading, to breach minor bearish trend line on the short-term basis, supported by the emergence of the positive signals on the relative strength indicators, on the other hand, the price remains under negative pressure due to its trading below EMA50, reducing the chances of the price full recovery on the near-term basis.

Bitcoin (BTCUSD) prices extended their early gains for today, supported by the emergence of the positive signals on the relative strength indicators, after reaching overbought levels, reaching EMA50’s resistance, amid the trading alongside minor bearish trend line on the short-term basis, reinforcing the strength of this area as a key resistance.

Brent crude oil’s price rose in its recent intraday trading, amid its trading within minor bearish channel’s range that limits its previous trading on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which represents additional burden that prevents extending the gains in the upcoming period, to offload its clear oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from there.

The price of (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, testing a steep minor bearish trend line on the short-term basis, amid the continuation of the dynamic negative pressure that is represented by its trading below EMA50, reducing the chances of sustainable recovery on the near-term basis.