Crude Oil fluctuated on the last intraday levels, attempting to gain the required bullish momentum to help it rise again, affected by the beginning of forming positive divergence on the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them, benefiting from the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the dominant bullish corrective wave on the short-term basis.

Silver declined in its latest intraday trading, as it reached EMA50, accompanied by testing a main bearish trend line on the short-term basis, forcing it to decline, accompanied by forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels compared to the price move, with the emergence of the negative signals from them, intensifying the negative pressure and suggesting more downside moves in the near upcoming period.

Gold declined in its last intraday trading, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, leaning on EMA50’s support, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path.

The EURUSD pair declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, erasing its early losses for today, leaning on EMA50’s support, resuming its attempts to gain the required bullish momentum for its recovery, amid the dominance of the bullish corrective trend on the short-term basis, with its trading within price channel range.