Crude oil prices kept declining in their latest intraday trading, after breaking EMA50’s support, which intensified the selling pressures and pushed the price to deepen its losses, affected by breaking minor bullish trend line on the short-term basis, reinforcing the dominance of the sellers.

The negative signals emerge from the relative strength indicators, despite reaching oversold levels, which might open the way for limited technical rebounds, but it remains not enough for changing the negative image unless it manages to trade above the near technical resistance levels.

Silver prices declined during their latest intraday trading, due to the stability of $60.00 resistance, to attempt to breach this resistance, attempting to offload some of its overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from them, amid the continuation of the positive support that comes from its trading above EMA50, reinforcing the stability of the dominance bullish corrective wave on the short-term trading.

Gold prices witnesses mixed trading during their latest intraday trading, attempting to gain bullish momentum that might help it to breach the resistance of $4,100, benefiting from the positive support that comes from its trading above EMA50, amid the dominance of the bullish corrective trend on the short-term basis, on the other hand, we notice the emergence of negative signals from the relative strength indicators, after reaching overbought levels, to begin offloading some of its overbought conditions.

The EURUSD pair declined in its last intraday trading, affected by reaching EMA50’s resistance, forcing it to rebound lower, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching exaggerated overbought levels, with the beginning of negative overlapping signals’ emergence, affected by breaking bullish corrective trend line on the short-term basis.