The price of (crude oil) rose in its last intraday trading, supported by the emergence of the bullish signals on the (RSI), after reaching oversold levels, despite this rise the price remains moving in limited range of the sideways trading, creating confused area that targets detecting the upcoming track when it exit its range on the short-term basis, amid the dominance of bearish correctional wave on the short-term basis.
The price of (silver) rose in its last intraday trading, to keep moving alongside a minor bullish trend on a short-term basis, supported by the emergence of the positive signals on the (RSI), succeeding to surpass the resistance of EMA50, surpassing its negative pressure, to settle above the critical resistance at $36.30, announcing its ability to achieve more of the gains.
The price of (Gold) extended its gains in its last intraday trading, to exit the range of bearish correctional channel that limits its previous trading on the short-term basis, providing more of the positive momentum that assisted it to surpass the resistance of its EMA50, to surpass all the negative pressures, announcing its full recovery, especially with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
The price of (EURUSD) continued the rise in its recent intraday levels, to reach our target at 1.1815, amid the dominance of the main bullish trend and its trading alongside minor and main bias lines that indicates the strength of the bullish momentum, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the beginning of the negative signs on the (RSI), after reaching overbought levels which might decelerate the upcoming upside trading.