The price of (ETHUSD) declined in its last intraday trading, amid the emergence of negative signals from the relative strength indicators, continuing its attempts to gain the required bullish momentum for its recovery, amid the dominance of bullish corrective wave on short-term basis, and there is dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on near term basis.
Brent prices reinforced their sharp gains in their last intraday trading, to surpass the key resistance at $72.00, taking advantage of the emergence of positive signals from relative strength indicators, despite reaching overbought levels, with the continuation of the dynamic support that is represented by its trading above EMA50, amid the dominance of the main bullish trend on short-term basis.
BTCUSD price declined in its last intraday trading, leaning on EMA50’s support, attempting to gain bullish momentum that might help it to recover and rise again, affected by breaching minor bearish trend line previously on short-term basis, on the other hand, we notice the emergence of negative signals from relative strength indicators, which might reduce the attempts of the price recovery on near-term basis.
The price of (crude oil) surged higher in its last intraday trading, surpassing the negative pressure of EMA50, supported by the emergence of positive signals from relative strength indicators, announcing its recovery and its readiness to reach the key and near resistance at $67.00, amid the dominance of the main bullish trend on short-term basis, with the trading alongside supportive trend line for this path.