The price of (crude oil) witnessed strong gains in its last intraday trading, supported by its continuous trading above EMA50, reinforcing the strength and dominance of the main bullish trend on the short-term basis, especially with its trading alongside trend line, this last rise came after offloading its overbought conditions on the relative strength indicators, with the emergence of positive overlapping signals from there.
The price of (silver) declined in its last intraday trading, attempting to gain bullish momentum that might help it to rise again, taking advantage of the positive signals emergence from the relative strength indicators, after forming positive divergence that helped the price to rise in its early moves for today, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend and its trading alongside trendline.
The price of (Gold) rose carefully in its recent intraday trading, with the price attempts to recover some of its previous losses, and offloading its oversold conditions on the relative strength indicators, affected by breaking minor bullish trend line on the short-term basis, and there are dynamic negative support that is represented by its trading below EMA50, which reduces the chances of sustainable recovery on the near-term basis.
The price of (EURUSD) declined in its last intraday trading, attempting to gain bullish momentum to help it recover and rise again, leaning on the support of EMA50, accompanied by leaning on main bullish trend line on the short-term basis, reinforcing the chances of the recovery in the upcoming period, especially with the emergence of the positive signals on the relative strength indicators.