Crude oil rose in its recent intraday trading, due to the stability if the key support at $57.30, gaining some bullish momentum that helped it record limited intraday gains, this improvement was supported by the emergence of positive overlapping signals on the relative strength indicators, as a sign for the attempt of the price to settle after the last pressures.
On the other hand, the negative pressure remains valid due to the trading below its EMA50, reducing the chances of its sustainable recovery on the near-term basis, making any rise closer to temporary corrective attempts unless it manages to return the trading above this average.