The price of (ETHUSD) kept declining in its last intraday trading, amid its stability below $2,150, with continues negative pressure due to its trading below EMA50, with the dominance of the main bearish trend on short-term basis, with its trading alongside main and minor trend line that increased the negative pressures on the price, accompanied by the emergence of negative signals from relative strength indicators, despite reaching oversold levels.
Brent prices rose in their last intraday trading, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive minor trend line for this path, accompanied by dynamic positive pressure that is represented by its trading above EMA50, reinforcing the chances of extending the intraday gains, especially with the emergence of positive overlapping signals from relative strength indicators, after entering exaggerated oversold levels, as a signals for increasing the renewed bullish momentum.
BTCUSD price kept declining in its last intraday trading, reaching the main support at $70,000, which represents a target in our previous analysis, amid the dominance of the main bearish trend on short-term basis, with its trading alongside supportive main and minor trendline for this track, beside the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice positive overlapping signals emergence on the relative strength indicators after reaching oversold levels, which makes us witness some cautious fluctuated moves in the upcoming period.
The price of (crude oil) rose in its last intraday trading, supported by its trading above EMA50, reinforcing the stability and dominance of the main bullish trend, especially with its trading alongside supportive trendline for this path, to notice the beginning of positive overlapping signals on relative strength indicators, after offloading overbought levels, opening the way for extending its intraday gains.