The USDCHF pair edged slightly higher in its recent intraday trading, gaining some positive momentum after the stability of the key support level at 0.8150. which makes the price attempt to recover part of the severe losses it suffered in previous sessions, and the main bullish trend remains the dominant with trading along a minor bearish trendline, besides the continuation of the negative pressure due to trading below the EMA50.
The price of gold rose in its recent intraday trading, as it leaned on the $3,200 support level, which provided some positive momentum and helped it achieve these gains, especially as positive signals began to emerge from the Relative Strength Index (RSI), after reaching areas of excessive overselling compared to the actual price movement. Accompanied by the dominance of the bullish trend on the short -term basis.
MoreThe silver price witnessed a slight decline in its recent intraday trading, amid the attempts to gain positive momentum that could help it recover and rise again. This comes under the influence of the bullish correctional trend on the short-term basis, and its trading alongside the trend line, accompanied by the positive signals from the Relative Strength Index (RSI), despite its stability in an overbought area.
MoreCrude oil price (Crude Oil) stabilized with a slight upside in its recent intraday trading, amid its continuous attempts to gain positive momentum that may help it breach the key and stubborn resistance level at $61.50. This comes amid the dominance of a short-term bullish correctional wave, with the emergence of positive overlapping signals in the Relative Strength Index (RSI) indicators, after it succeeded in alleviating its overbought status.
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