The price of (ETHUSD) declined in its last intraday trading, amid the dominance of steep minor bearish wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of the recovery on near-term basis, especially with the emergence of negative overlapping signals from the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, to indicate fading the bullish momentum.

Brent price witnessed strong losses on its recent intraday levels, due to the stability of the key resistance at $64.50, to surpass the EMA50’s support, which puts it under negative pressure that reduces by the emergence of the negative signals from the relative strength indicators, after reaching overbought levels that increases the possibilities of deepening its losses in the upcoming period.

BTCUSD prices attempts to keep its early gains in its last intraday levels, despite its failure in breaching $90,000 key resistance, to indicate losing the required bullish momentum, especially with the relative strength indicators reaching overbought levels, to indicate the beginning of forming negative divergence, especially with the emergence of negative overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price.

The price of (crude oil) declined in its last intraday trading, due to the stability of the stubborn resistance at $60.50, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, surpassing EMA50’s support, putting it under negative pressure unless it manages to rebounce quickly in the upcoming period, leaning on minor bullish trend line on the short-term basis, as a last chance for gaining the required bullish momentum for its recovery.