Crude Oil kept declining in its last intraday trading, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, which represents a dynamic resistance that reduces the chances of sustainable recovery in the near period, on the other hand, we notice the beginning of positive signals emergence on the relative strength indicators, after reaching oversold levels, which might reduce the losses.

Silver fluctuated on its latest intraday levels, with the continuation of the key resistance at $60.00, with negative pressure due to its trading below EMA50, which represents a dynamic resistance that reinforces the strength of the main bearish trend on the short-term basis, especially with the emergence of the negative signals from the relative strength indicators, and forming negative divergence that intensifies the negative pressure on the price.

Gold managed to turn its early losses for today into gains on its last trading levels, taking advantage of its trading above EMA50, providing dynamic support that increase the chances of extending these gains in the near upcoming period, especially when breaching the key and near resistance to chance the negative overview, with the emergence of positive overlapping signals from the relative strength indicators.

The EURUSD pair rose higher in its last intraday trading, taking advantage of the positive signals from the relative strength indicators after forming positive divergence that provided bullish momentum that helped it to achieve these gains, which helped it to surpass EMA50’s resistance, in a positive step that reinforces the chances of extending these gains in the near upcoming period, especially when breaching the near key resistance.