Silver price (SILVER) declined in its recent intraday trading, as the short-term corrective downtrend continues to dominate. The price is moving alongside a minor descending trendline that reinforces this negative path. Additional pressure stems from trading below  EMA50, which represents dynamic resistance limiting the chances of a near-term recovery.

Moreover, the Relative Strength indicators entering overbought levels indicates fading positive momentum and strengthens the probability of continued selling pressure in the coming period.

Gold price (GOLD) declined during its latest intraday trading after failing to break above the key psychological resistance at $5,000, which has shown clear resilience against previous bullish attempts. This pullback came in conjunction with negative signals from the relative strength indicators after it reached heavily overbought levels.

With this decline, the price broke below EMA50, in addition to breaking a short-term ascending trendline. These technical developments reinforce the likelihood of deeper losses in the near term, especially if trading continues below this strong resistance level.

The (EURUSD) price declined in its last intraday trading, amid the emergence of negative signals from relative strength indicators, which pushed it to surpass EMA50’s support, accompanied by surpassing main bullish trend line on short-term basis, as a technical signal has clear negative implications.

This improvement makes the price face more selling pressures in the upcoming period, especially when confirming breaking these support levels and holding below them.

The (BTCUSD) price declined during its last intraday trading, surpassing EMA50’s support, which put it under more negative pressure in its upcoming trading, especially with the dominance of the main bearish trend on short-term basis. This decline came despite the emergence of positive signals from relative strength indicators, after reaching oversold levels, and the selling power dominates the price strongly.