The gold price returned to decline in its intraday trading, affected by breaking a main bullish bias on a short-term basis, with the emergence of the negative signals on the (RSI), with continuous negative pressure due to its trading below EMA50, forming extra negative pressure.

The crude oil price declined in its intraday trading, gathering the gains of its last rises, and attempting to offload its clear overbought conditions on the (RSI), gathering its positive strength that might assist it to recover and rise again, especially with the emergence of the negative signals from there, amid dominance of the bullish correctional trend on the short-term basis and its trading alongside a bias line.

The EURUSD continued the decline in its last intraday trading, to complete breaking the support level at 1.1150, this level represents 50% Fibonacci correction level for the last bullish wave on the short-term basis (from 1.0730 to 1.1572), amid the dominance of the bearish correctional trend and its trading alongside a bias line.

Alpha Quark Token’s currency price (AQTUSDT) moved in a volatile way in the intraday levels, as it attempts to gather positive momentum and tackle the pivotal resistance of $1.24, with positive support due to trading above the 50-day SMA, coupled with positive signals from the Stochastic after forming a positive divergence, thus doubling positive pressures. 

Therefore we expect the price to rise in upcoming trading, provided the pivotal resistance of $1.24 is breached, targeting the next one at $1.36.

Today’s price forecast: Bullish