|
Crude Oil Prepares to Break Its Current Support Despite Limited Rebound Signals – Analysis – 28-07-2026
(Crude Oil) continued to decline during its latest intraday trading, approaching a break below $81.00 support, which was our target in previous analysis. This decline comes amid continued trading below EMA50, reinforcing the negative pressure and reducing the chances of a full recovery, alongside the dominance of a sharp short-term bearish wave.
Despite the continued negative technical outlook, the relative strength indicators started to show a positive crossover after reaching deeply oversold levels. This may limit the pace of losses or trigger a limited technical rebound in the near term.
Silver Exhausts Its Positive Opportunities –Analysis – 28-07-2026
(SILVER) continued to decline during its latest intraday trading after failing to breach the key resistance level at $60.00, looking for a higher low that could form a support base for regaining positive momentum, while finding support at EMA50, alongside its reliance on a short-term ascending corrective trendline.
MoreGold Pulls Back but Retains Potential to Resume Its Bullish Trend – Analysis – 28-07-2026
(GOLD) declined during its latest intraday trading after encountering the key resistance level at $4,100, within a corrective move that allowed the price to ease overbought conditions on the relative strength indicators, before finding support at its EMA50, which succeeded in limiting selling pressure.
MoreEURUSD Faces Negative Pressure Despite Signs of a Technical Rebound– Analysis – 28-07-2026
The EURUSD price is extending its consecutive losses during its latest intraday trading, with the continuation of the negative pressure from trading below EMA50, which reinforces the dominance of the main short-term bearish trend, accompanied by trading alongside supportive trend line for this path.
More