The (crude oil) price rose in the last intraday trading, to return to hit the EMA50, accompanied by testing the critical resistance at $62.85, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the trading alongside bias line that indicates the strength of the negative track.

On the other hand, the (RSI) shows negative overlapping signals after offloading the oversold conditions in its previous moves, indicating the weakness of the bullish momentum of the last rise, and limits the price’s ability to surpass its current resistance.

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The (Gold) price declined in its last intraday trading, amid its attempts to gain new bullish momentum that might support its recover and its return to rise, at the same time it is attempting to offload the clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, increasing the negative pressure on its previous trading.

Despite this intraday pressure, the main bullish trend remains the dominance on the technical scene, supported by the trading above the EMA50, and the trading alongside supportive minor bias line on the short-term basis reinforces the stability of the positive trend, providing flexibility for the price against the limited declines.

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The (EURUSD) declined slightly in its last intraday trading, affected by the stability of the solid resistance at 1.1730, which reduced its attempts to rise, despite this limited decline, the pair still attempting to gain new positive momentum to reinforce the chances for surpassing this resistance.

At the same time the (RSI) began forming recovery signals after offloading the overbought conditions in its previous trading, and the bullish trend remains dominant on the short-term technical scene, supported by the stability of the price above EMA50, and its trading alongside bullish trend line that reinforces the strength of the bullish trend.

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The (crude oil) kept settled with sharp rise in its last intraday trading, attempting to surpass the negative pressure on the EMA5O, announcing its recovery opening the way for targeting new resistance levels, amid the emergence of the positive signals on the (RSI), under the dominance of bullish correctional wave on the short-term basis.

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