The (crude oil) rose in its last intraday trading, supported by the domination of the bullish correctional trend on the short-term basis, and its move alongside a bias line that reinforces the positive momentum, which might assist the price to settle and rise, especially with the emergence of the positive signals on the (RSI).

At the same time the price managed to surpass the negative pressure that comes from the EMA50, reinforcing the chances for the extension of the bullish move on the intraday basis, supporting the bullish scenario in its upcoming trading, unless there is something reversing these technical signals.

Therefore, our expectations suggest more of the upside movements in (crude oil) prices in the upcoming intraday trading, if the support level settles at$60.00, to target the critical resistance level at $64.00.

The expected trading range is between $61.00 support and $64.00 resistance.

Today's forecast: Bullish

The (Gold) price suffered sharp losses in its last intraday trading, after breaking a minor bullish trend line on the short-term basis, opening the way towards more of the selling pressures, especially with the emergence of the negative signals on the (RSI).

This decline accelerated with breaking the support of its EMA50, to confirm the weakness of the positive momentum and ease the way towards more potential bearish moves on the near-term basis.

Therefore, our expectations suggest more of the downside movements in (Gold) prices in the upcoming intraday trading, especially if it remains stable below $3,280, to target the support at $3,210.

The expected trading range is between $3,210 support and $3,300 resistance.

Today’s forecast: Bearish

The (EURUSD) price declined lower in its last intraday trading, after surpassing the support of Its EMA50, which formed an extra negative pressure on the price, and that pushed it to break the minor bullish trend on the short-term basis, confirming a bearish bouncing signal.

This decline comes after offloading some of the price’s oversold levels on the (RSI), but the return of the negative signals reinforces the possibilities of the continuation of the bearish move in the upcoming movements.

Therefore, our expectations suggest more of the downside movements in (EURUSD) prices in the upcoming intraday trading, if it settles below the 1.1290 level, to target the support level at 1.1140.

The expected trading range is between 1.1140 support and 1.1290 resistance.

Today’s forecast: Bearish

The (BTCUSD) price declined in its recent intraday trading, breaking a minor bullish trend line on the short-term basis, accompanied by surpassing the support of its EMA50, which increases the negative pressure, on the other hand, we notice the beginning of forming a positive divergence of the (RSI), after reaching oversold levels, with the beginning of positive overlapping signals appearance on them.