Crude oil declined during recent intraday trading, leaning on minor bullish trend line on the short-term basis, exhausting its bullish chances where it attempts to look for higher low to use it as a base to help it gain the required bullish momentum for its recovery and rising again, especially with the continuation of the dynamic pressure that is represented by its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after forming positive divergence that might increase the positive momentum on the price.

Silver declined during recent intraday trading, amid the continuation of the negative and dynamic pressure that comes from its trading below EMA50, which prevented the price recovery in the previous period, especially with forming negative divergence on the relative strength indicators after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of the negative signals from them, amid the dominance of minor bearish wave on the short-term basis.

Gold declined in its recent intraday trading, to settle below $4,600 indicating the volume of the negative pressure, especially with its trading alongside minor bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reduces the chances of full recovery on the near period, noticing the emergence of the negative signals from the relative strength indicators after forming negative divergence.

The EURUSD pair rose in its recent intraday trading, breaching the current resistance at 1.1730, supported by its continued trading above EMA50, affected by exiting bearish corrective channel’s range on short-term basis, despite the emergence of negative signals from the relative strength indicators, after reaching overbought levels, as a clear signals for the strength of the positive momentum.