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Crude Oil Searches for a Higher Low – Analysis – 17-09-2026
The crude oil price extended a series of consecutive losses in its latest intraday trading, attempting to find a higher low to establish a base for gaining the positive momentum needed to resume its recovery. This comes amid the dominance of the main short-term bullish trend, with price movements alongside main and minor trend lines supporting this path. At the same time, positive pressure continues as the price trades above EMA50, which provides dynamic support and reinforces the chances of a recovery in the near term.
Bullish crossover begin on the relative strength indicators after they reached extremely oversold levels, reflecting a gradual improvement in positive momentum and increasing the chances of the current decline coming to an end, as the price attempts to resume its bullish trend.
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Silver Price Rises After Reaching Our Price Target –Analysis – 17-09-2026
The silver price rose in its latest intraday trading after the pivotal $62.60 support level held firm, which was our price previous target, giving the price some positive momentum that helped it achieve these gains as it attempts to recover part of its previous losses. However, negative pressure continues to stem from trading below EMA50, which acts as dynamic resistance and reinforces the chances of the short-term bearish corrective trend dominance.
MoreGold Shows Further Signs of Weakness – Analysis – 17-09-2026
The gold price rose cautiously in its latest intraday trading, attempting to recover some of its previous losses, amid the dominance of the short-term bearish corrective trend, with price moving alongside supportive trend line for this path, while continued negative pressure stems from trading below EMA50, which acts as dynamic resistance and limits the chances of a full recovery in the near term.
MoreEURUSD Breaks Our Price Target – Analysis – 17-09-2026
The EURUSD price slipped lower in its latest intraday trading, breaking1.1490 support level, which was our price target in previous analysis. The short-term bearish corrective trend remains dominant, alongside continued negative pressure from trading below EMA50, which acts as dynamic resistance and limits the chances of a price recovery.
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