The price of (crude oil) surged higher in its last intraday trading, due to its leaning on EMA50’s support, gaining bullish momentum that helped it to achieve these strong gains, preparing to attack the key resistance at $58.70, the rise came with the emergence of the negative signals from the relative strength indicators, indicating the strength of the bullish momentum around the price.

The price of (silver) witnessed slight losses in its last intraday trading, due to the stability of the key resistance at $78.10, attempting to gain the required positive momentum to breach the resistance, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on the short-term basis with its trading alongside trendline that supports this track, accompanied by the emergence of the positive signals from the relative strength indicators, despite its stability in overbought levels.

The price of (Gold) declined in its recent intraday trading, gathering the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, amid the dominance of the main bullish trend on the short-term basis, with a dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on the near-term basis.

The price of (EURUSD) declined in its last intraday trading, with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, under the dominance of bearish corrective wave on the short-term.