Crude oil price declined in its last intraday trading, amid its trading alongside a main bearish trend line on the short-term basis, with the beginning of the emergence of the negative signals on the (RSI), after entering the overbought levels, leaning on the support of its EMA50 supports the price move until now.
Silver price got some support in its last intraday trading, after leaning on the support of its EMA50, with the beginning of forming positive divergence on the (RSI), after reaching exaggerated oversold levels compared to the price move, with the emergence of the positive signals , which assisted the price to rise on the intraday levels, taking advantage from this momentum, affected by breaking a bullish correctional trend line on the short term basis.
Gold price declined in its last intraday trading, affected by breaking a minor bullish trendline on the short-term basis, with the continuation of the negative pressure that come from its trading below the EMA50, and the pair’s decline came after it succeeded in its previous trading to offload some of its oversold conditions by the (RSI), noticing the beginning of negative overlapping signals that might reinforce the negative scenario.
The EURUSD declined in its intraday levels, amid the domination of a bearish correctional wave and its continuous trading below its EMA50, besides the beginning of the negative signals appearance on the (RSI), after reaching overbought levels.