Gold prices kept moving within tight sideways range in recent intraday trading, with its stability above $5,000 psychological level, in attempt to take a breather and gather bullish momentum that might push it to recover and resume the rise.

Gold price gets clear dynamic support due to its trading above EMA50, with the relative strength indicator enter exaggerated oversold levels compared to the price move, indicating a possibility for bullish momentum return, this comes amid the dominance of minor bullish wave on short-term basis, with the continuation of its trading alongside supportive trend line for this path.

Therefore, we suggest a rise in gold prices' upcoming intraday trading, if it settles above $5,000, to target $5,300 resistance. The expected trading range is between $4,900 support and $5,200 resistance.

Today’s forecast: Bullish

The (EURUSD) price rose in its last intraday trading, to remain stable above 1.1900, showing that there are chances for resuming its previous gains, with tight sideways trading for gathering the required bullish momentum to recover and continue the upside track.

The dynamic support continues with its trading above EMA50, while we notice that the relative strength indicators have reached oversold levels compared to the price move, which might reinforce the likelihoods of bullish rebound in the upcoming period.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, if it settles above 1.1900 resistance to target its next resistance at 1.1970.

The expected trading range is between 1.1865 support and 1.1970 resistance.

Today's forecast: Bullish

The (BTCUSD) price rose in its last intraday trading, attempting to offload its clear oversold conditions on relative strength indicators, especially with the emergence of positive overlapping signals from there, amid the continuation of the negative dynamic pressure that is represented by its trading below EMA50, which keeps the price under the dominance of the main bearish trend on short-term basis, and reduces the chances of its recovery on near-term basis.

The (crude oil) price fluctuated on its last intraday levels, waiting for entering a new bullish momentum that pushes the price to resume its gains in the upcoming period, especially after offloading its overbought conditions on relative strength indicators, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on short-term basis.