Silver prices declined in limited corrective move in their last intraday trading, within a natural profit-taking phase after the previous bullish wave, without changing the overall technical outlook, and the price keeps its bullish support that comes from its stability above EMA50, accompanied by the continuation of minor bullish wave on short-term basis, indicating the stability of the bullish scenario valid until now.

This decline comes in the context of an attempt to unwind part of the overbought conditions on relative strength indicators, with the emergence of negative signals from there, to rebalancing momentum before resuming the upward move, so the stability above its dynamic support reinforces the recovery chances and extend the gains in the upcoming period.

Gold price declined during its recent intraday trading in attempt to gather the gains of the previous rise, were it attempts to rebuild bullish momentum that might pave the way for resuming the rise again, this decline comes in organized technical path that represents a natural cooling of momentum following consecutive gains.

At the same time, the price is attempting to offload some clear overbought conditions on relative strength indicators, especially with the emergence of negative signals, but the continuation of the trading above EMA50 provides key dynamic support that reinforces the stability and dominance of minor bullish wave on short-term basis, keeping the bullish scenario unless it loses this key support and confirms breaking technical break to turn the selling pressures strongly.

The (EURUSD) price declined in its last intraday trading, amid the dominance of bearish corrective trend on short-term basis, besides strong negative pressures due to its stability below EMA50, forming active dynamic resistance that prevents near-term recovery attempts, indicating a clear weakness in the buying momentum.

The price is getting ready to test 1.1775 key support, to detect its upcoming track, with the emergence of negative signals from relative strength indicators after reaching sharp overbought levels, therefore, breaking this support might open the way for extending the bearish wave.

The (BTCUSD) price settles on limited and cautious gains on its last intraday levels, taking advantage of the positive signals’ emergence from relative strength indicators, after reaching oversold levels, amid the continuation of the dynamic negative pressure that is represented by its trading below EMA50, under the dominance of the main bearish trend on short-term basis.