Crude oil prices reinforced its cautious gains during their recent intraday movements, affected by the stability of the key support at $86.75 level, to complete its attempts of recovering its previous losses and offloading its oversold conditions on the relative strength indicators, especially with the emergence of positive signals from there, due to the effect of exiting minor bullish channel’s range 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 on the near-term basis.

Silver settles lower during its latest intraday trading, due to the stability of the resistance at $80.00, to gather the gains of its previous rises, to attempt to offload its overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, amid the dominance of the bullish corrective trend on short-term basis, with its trading alongside supportive trend line for this track, besides the continuation of the positive pressure that comes from its trading above EMA50, which reinforces the chances of its recovery in the near upcoming period.

Gold declined in its recent intraday trading, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, the price managed to offload its overbought conditions on the relative strength indicators, with the emergence of the negative signals and entering exaggerated oversold levels compared to the price move, amid the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the stability of bullish corrective wave on short-term basis.

The EURUSD pair declined during its latest intraday trading, with the emergence of the negative signals from the relative strength indicators, to complete the attempts of gaining bullish momentum that might help it to recover and rise again, especially with the relative indicators reaching oversold levels, exaggeratedly compared to the price move, forming a new bullish momentum, amid the dominance of main and minor trend line that support this path.