Crude Oil rose in its last intraday trading, benefiting from the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for extending its gains in the near upcoming period, especially with the continuation of the positive support that comes from its trading above EMA50, which reinforces the stability and dominance of the bullish corrective trend on the short-term basis.

Silver managed to extend its gains in its latest intraday trading, to refresh the hopes of a recovery by breaching a minor bearish trend line on the short-term basis, accompanied by surpassing EMA50’s resistance, to surpass its negative pressure and opening the way for achieving more gains in the near upcoming period, especially with the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions.

Gold rose in its last intraday trading, breaching the main bearish trend line on the short-term basis, accompanied by surpassing EMA50, as a strong negative signal that indicates the improvement of the buying momentum and surpassing the most important negative pressure that obstructs its movement.

The emergence of positive signals from the relative strength indicators increases the chances of continuing recovery, which supports the likelihoods of extending the gains and targeting higher resistance levels in the upcoming near period, if gold kept its stability above the last breaching levels.

The EURUSD pair rose in its last intraday trading, benefiting from the positive signals from the relative strength indicators, after reaching oversold levels, with its trading within bullish corrective channel that limits its previous trading on the short-term basis, reinforcing the positive momentum, where EMA50’s resistance represents an obstacle that may reduce these gains.