Crude Oil prices continued to decline during recent intraday trading, amid ongoing negative and dynamic pressure as the price remains below EMA50, affected by breaking a major short-term upward trend line, which increases the bearish pressure, especially as negative signals continue to emerge from the relative strength indicators, despite reaching heavily oversold levels.
Silver price settles higher during its recent intraday trading, amid its attempts to surpass the negative pressure of EMA50, supported by the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels, with the dominance of the main bullish trend on the short-term basis, and its trading alongside supportive trend line for this path, reinforcing the chances of full recovery in the upcoming near period.
Gold price rose in its last intraday trading, affected by breaching minor bearish corrective trend line on the short-term basis, with the emergence of the positive signals from the relative strength indicators, to surpass the negative pressure of the EMA50, announcing its full recovery, intensifying the chances of extending its gains in the upcoming near period.
The EURUSD pair keeps its gains during its recent intraday trading, supported by the emergence of the positive signals from the relative strength indicators, reaching overbought levels, which might limit the gains in the near upcoming period, as it faces strong key resistance, represented by its EMA50, with the dominance of the bearish correction trend on the short-term basis.