The price of (crude oil) rose in its last intraday trading, attempting to correct the main bearish trend on the short-term basis amid its trading below EMA50, besides the relative strength indicators reaching overbought levels, exaggeratedly compared to the price move, to indicate fading the bullish momentum.
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The price of (silver) declined on its last intraday levels, to break a main bullish trendline on the short-term basis, accompanied by surpassing the support of EMA50, intensifying the negative pressure on the intraday basis, especially with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
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The price of (gold) declined in its last intraday trading, due to the stability of the critical resistance level at$4,378, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, looking for a higher low to take it as a base to help gain the required bullish momentum to recover and rise again, amid the dominance of the main bullish trend on the short-term basis.
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The price of (EURUSD) continued its decline in its last intraday trading, to break the support level at 1.1630, accompanied by surpassing the support of EMA50, intensifying the negative pressures, amid the dominance of the main bearish trend on the short- term basis, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
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