The crude oil price settled on downside areas in its last trading on the intraday levels, amid its attempts to gain positive momentum that might assist it to recover and rise again, to reach a bullish correctional bias line on the short-term basis, beside the (RSI) reach to the oversold levels exaggeratedly compared with the price move, as a signal for the begin of forming positive divergence, which might support the positive scenario.

The Gold price witnessed continued upside movement in its recent intraday trading, to breach $3,375, amid the dominance of the main bullish trend and its trading alongside sharp minor bullish trend on the short- term basis, supported by the emergence of positive signals on the (RSI), despite reaching overbought areas.

The EURUSD price continued its bullish track in its recent trading on the intraday levels, settled above the resistance at 1.1470, under the dominance of the main bullish trend on the short term basis, and its trading alongside the minor trend line on the short term basis, noticing the beginning of negative overlapping signal’s emergence on the (RSI) after reaching the overbought levels, which might decrease its upcoming gains.

The EURUSD jumped higher in its recent intraday trading and in the week’s opening, to reach the critical level at 1.1470, which represents the previous price target, supported by the emergence of positive signals from (RSI), despite its clear overbought conditions.

This rise came amid the total dominance of the main bullish trend on the short-term basis, and its trading alongside the main and minor trend line, with the continuation of the positive pressure due to its trading above EMA50.