Crude Oil declined in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with a negative pressure due to its trading below EMA50, which represents a dynamic resistance that reduces the negative signals from the relative strength indicators, despite reaching oversold levels.

Silver rose in its latest intraday trading, with the continuation of the negative pressure due to its trading below EMA50, which represents dynamic resistance that reinforces the dominance and stability of the main bearish trend on the short-term basis, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals from them, gaining some bullish momentum that helped it to stabilize.

Gold witnessed limited gains on its last trading levels, with the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, and attempting to recover some previous losses, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of full recovery in the upcoming near period.

The EURUSD pair settles lower in its last intraday trading, affected by the stability of the resistance at 1.1430, with the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions, to surpass EMA50’s support, putting it under negative pressure that will increase when breaking the bullish corrective trend on the short-term basis.