The price of (silver) surged high on its last intraday trading, supported by the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, attempting to recover its previous losses, offloading some of the oversold levels, hitting the resistance of EMA50, accompanied by retesting minor bullish trend line on a short-term basis.
The price of (Gold) jumped higher in its last intraday trading, attempting to recover its oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, however the possibility of full recovery is weak due to the continuous negative pressure by its trading below EMA50, affected by breaking minor bullish trend line on a short-term basis.
The price of (EURUSD) declined in its last intraday trading, leaning on the support of its EMA50, exhausting its positive opportunities that may help it recover and complete the bullish corrective trend on the short-term basis, where it represents the last chance for gaining the required bullish momentum, accompanied by the beginning of relative strength indicators, after offloading its oversold conditions, forming negative behavior which casts doubts on its willingness to rise.
The (ETHUSD) price rose in its last trading on the intraday levels, to recover some previous losses, attempting at the same time to offload its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the dominance of the main bearish trend on the short-term basis and its trading alongside minor trend line that reinforces the dominance of this track, especially with continuous negative pressure due to its trading below EMA50, reducing the chances of the recovery on the near-term basis.