The price of (ETHUSD) slipped lower in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative signals from relative strength indicators, despite its stability in oversold levels, to break bullish trend line on short-term basis, which intensifies the negative pressure and reinforces the chances of extending its losses on the near-term basis.

brent price settles on a rise in its recent intraday trading, taking advantage of the positive signals’ emergence from relative strength indicators, after reaching oversold levels, besides its trading above EMA50, which represents dynamic support that reinforces the chances of extending its gains in the upcoming period, especially with the dominance of the main bullish trend on short-term basis.

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. 

The price of (crude oil) rose in its last intraday trading, due to its leaning on EMA50’s support, gaining bullish momentum that helped it to turn its early losses into intraday gains, amid the dominance of the bullish trend on short-term basis with its trading alongside minor trend line, besides the emergence of positive signals from relative strength indicators, reinforcing the bullish scenario on near-term basis.