Crude oil prices fluctuated on their last intraday levels, after holding above our previous expected target at $61.50 support, opening the way for taking a breather and attempting to recover some of its last losses. accompanied by the attempts to offload some of its clear oversold conditions on relative strength indicators, with the emergence of positive signals from there, providing limited support for the current move.

This comes amid the dominance of steep bearish wave, which limited the strength of the current recovery, however the trading alongside minor bullish trend line on short-term basis keeps the chances of the rebound valid and opens the way for fluctuating trading until detecting the coming trend clearly.

Silver prices (SILVER) rose in their recent intraday trading, after the stability of $73.00 support, which was our expected target in our previous analysis, providing support base that helped it to gain bullish momentum. This rebound was supported by the emergence of positive signals from relative strength indicators, after reaching oversold levels, attempting to recover some of its previous losses.

Despite this intraday improvement, the technical overview remains biased to the downside in the short-term basis, amid the dominance of steep bearish corrective wave, besides the continuation of the trading below EMA50, which represents negative pressure that limits the chances of strong and sustainable recovery currently.

Gold prices (GOLD) rose during recent intraday trading after reaching our expected target at $4,550 support, which provided solid support base that helped it to gain bullish momentum. This rebound was supported by the positive signals from relative strength indicators, after reaching oversold levels, opening the way for recovering some of its previous losses.

This comes amid the continuation of its trading below EMA50, which represents a dynamic resistance that limits the strength of the current recovery, besides the effect of breaking minor bullish trend line on short-term basis, which keeps the scenario of the current rebound within a temporary corrective framework.

The (EURUSD) price rose in its last intraday trading after the stability of 1.1800 support, which represented a target in our previous analysis, gaining bullish momentum to recover some of its last losses, this rebound comes amid the attempts to offload its clear oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals.

This comes amid the dominance of steep bearish corrective wave on short-term basis, besides the continuation of its trading below EMA50, which shrinks the chances of achieving sustainable recovery in near period and makes any rise considered as temporary corrective rebound.