The (EURUSD) slipped lower in its last intraday trading, with the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold conditions, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of the bearish corrective trend on the short-term basis, with its trading within channel’s range.
The price of (ETHUSD) keeps its attempts to gain bullish momentum that might help it to recover and rise again on its last intraday levels, amid the dominance of the main bullish trend on the short-term basis with its trading alongside supportive trend line for this trend, taking advantage of the dynamic pressure that is represented by its trading above EMA50, besides the emergence of positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals.
Brent crude oil’s prices recovered strongly on its last intraday levels, taking advantage of the main bullish trend dominance with the continuation of the positive pressure that comes from its trading above EMA50, after a bearish journey that led it to find higher rise that helped it to build new buying areas, and the emergence of the positive signals support the relative strength indicators after reaching oversold levels.
BTCUSD’s price settles with losses in its recent intraday trading, amid its attempts to look for higher low to use it as a base to rise again, amid the dominance of the main bullish trend on a short-term basis, with its trading alongside supportive trend line for this trend, with dynamic pressure that is represented by its trading above EMA50, which reinforces the chances of the price recovery in the upcoming period, especially with the beginning of forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move with the emergence of positive overlapping signals.