Crude oil prices rose in its recent intraday trading, amid the attempts of breaching the key stubborn resistance level at $93.50, benefiting from the positive and dynamic support that is represented by its trading above EMA50, affected by breaching bearish corrective trend line on the short-term basis. The relative strength indicators have reached exaggerated oversold levels compared to the price move, as a signal for a new bullish momentum to reinforce the chances of a recovery in the near period.

Silver price witnesses fluctuating trading on its recent intraday levels, benefiting from the stability of the support level at $73.00, which provided bullish momentum that helps it recover part of its previous losses, attempting to offload its oversold conditions on the relative strength indicators, especially with the emergence of positive signals from there, as a clear signal for the dominance of the selling powers, especially with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, which reduces the chances of full recovery in the near upcoming period.

Gold price rose in its recent intraday trading, benefiting from the positive signals emerging on the relative strength indicators, attempting to recover some previous losses, with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the stability and dominance of the main bearish trend on the short-term basis, with its trading alongside trend line, on the other hand, the relative strength indicators have reached exaggerated overbought levels compared to the price move, in a clear signals for a quick lost for the bullish momentum.

The EURUSD pair kept rising in its last intraday trading, supported by the emergence of positive signals from the relative strength indicators, after reaching oversold levels, attempting to correct the bearish trend on the short-term basis, amid its trading alongside supportive trend line for this path, to reach EMA50’s resistance, threatening these intraday gains, opening the way for potential rebound.