Crude oil prices declined in their last intraday trading, attempting to look for higher low to take it as technical base that might help it to gain the required bullish momentum for its recovery. This decline led the price to lean on its EMA50’s support, amid the continuation of the main bullish trend dominance on short-term basis, with its trading alongside minor trend line that supports this trend.

Meanwhile the relative strength indicators had reached exaggerated oversold levels, to reinforce forming positive divergence, with the issuance of positive overlapping signals, which might pave the way for a bullish rebound in its upcoming trading.

Silver prices rose higher in their last intraday trading, after its decline due to the stability of $115.00 resistance, which represents expected target in our previous analysis, this decline came within a profit-taking move following the recent gains, before the price attempts once again to regain positive momentum that could help it move toward recording new record highs.

The price succeeded in offloading its overbought conditions on relative strength indicators, to enter exaggerated oversold levels compared to the price move, accompanied by the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend, with its trading alongside main and minor trend lines on short-term basis.

Gold prices (GOLD) rose during recent intraday trading after offloading the clear overbought conditions shown by the relative strength indicators. The indicators have now moved into deep oversold territory relative to price action, providing renewed positive momentum that supported this advance and pushed prices closer to targeting new historic resistance levels.

This positive performance comes amid the continuation of dynamic support, with gold trading above EMA50, under the dominance of the main bullish trend on short-term basis, with its move alongside supportive trend line for this trend, reinforcing the chances of the gain’s continuation in the upcoming sessions.

The (EURUSD) price witnessed fluctuated trading on its last intraday levels, to settle above 1.1865 resistance, taking advantage of the dynamic support due to its trading above EMA50, which reinforces the stability and dominance of the main bullish trend, especially with its trading alongside supportive minor trend line on short-term basis.

On the other hand, we notice the negative signals emerging from relative strength indicators, which confined the ability of extending its last gains, indicating a possibility of entering fluctuating wave or limited correction on intraday basis, without affecting negatively on the dominant bullish trend.