Ethereum (ETHUSD) rose during its recent intraday trading, taking advantage of the positive signals emergence from the relative strength indicators, after reaching oversold levels, attempting to offload some of this oversold conditions, and attempting to recover some of its previous losses, to reach the resistance of its EMA50, making the chances of rebounding lower valid in the upcoming near period, especially when confirming exiting the bullish channel’s range that limited its short-term trading.

Brent crude oil price settles with strong gains during recent intraday trading, offloading its oversold conditions on the relative strength indicators, and recovering big part of its previous losses, amid the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, reinforcing the stability and dominance of the bearish corrective trend on short-term basis, especially with its trading alongside supportive trend line for this path, and reduces the chances of the price full recovery on near-term basis.

Bitcoin (BTCUSD) price rose in its recent intraday trading, due to the stability of EMA50’s support, which gained bullish momentum that helped it to achieve these gains, besides the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, amid the dominance of the main bullish trend on short-term basis, with its trading alongside main and minor trend line that supports this path.

Crude oil price keeps its early gains for today, supported by the emergence of the positive signals from the relative strength indicators, however the price still moving alongside bearish corrective trend line on short-term basis, reinforcing this track and its continued trading below EMA50, which intensifies the negative pressure on the price and opens the way for a downside moves in the upcoming near period.