The price of (ETHUSD) settles on a decline in its last intraday trading, preparing to break $2,900 key support level, amid the dominance of steep bearish corrective wave on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of achieving full recovery on near-term basis, especially with the emergence of negative signals from relative strength indicators.
Brent rose in its last trading in the intraday basis, attacking the key resistance at $64.50, supported by the emergence of the positive signals from the relative strength indicators, surpassing the negative pressure of the EMA50, amid the dominance of the main bullish trend on short-term basis, reinforcing the chances of extending the gains in the upcoming period.
BTCUSD prices declined in its last intraday trading, due to the stability of the key resistance at $90,000, amid the continuation of the negative pressure due to its trading below EMA50, affected by breaking minor bullish trend line on the short-term basis, besides the emergence of the negative signals from the relative strength indicators, after reaching overbought levels previously.
The price of (crude oil) extended its gains in its last intraday trading, supported by the emergence of positive signals from relative strength indicators, surpassing the resistance of EMA50, getting rid of its negative pressure, preparing to reach the key resistance at $60.50, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this trend.