Crude oil prices kept rising in their last intraday trading, to reach our expected target at $62.00 key resistance. This breach is supported by trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.

Meanwhile the price is moving alongside supportive minor trend line for this bullish trend, with the emerging of positive signals from relative strength indicators, indicating the strength of the bullish momentum, and keeps the chances of keeping the gains valid in the upcoming period.

Therefore, we expect crude oil to rise in upcoming intraday trading, by holding above $62.00, to target initial resistance at $63.00.

The expected trading range for today is between $61.00 support and $63.00 resistance.

Today’s forecast: Bullish

Silver prices (SILVER) rose during recent intraday trading, positioning themselves to attack the current resistance level at $115.00, which had been a price target in our previous analyses. This positive move is supported by the price continuing to trade above EMA50, reinforcing the stability of the main short-term uptrend.

At the same time, relative strength indicators continue to send positive signals supporting this path, especially as prices move alongside key and minor bullish trend lines. This reflects solid bullish momentum and keeps the chances of targeting higher levels in upcoming period.

Accordingly, we suggest a rise in sliver’s upcoming trading on an intraday basis, especially when breaching $115.00 resistance, to target its next resistance at $122.00.

The expected trading range is between $107.00 support and $122.00 resistance.

Today’s forecast: Bullish

Gold prices (GOLD) extended their gains during recent intraday trading, to keep recording new record highs, reaching an expected target in our previous analysis at $5,200 resistance level. This strong performance is supported by trading above EMA50, reinforcing the stability and dominance of the main bullish trend on short-term basis.

On the other hand, the relative strength indicators provide supportive positive signals for the bullish track, despite its stability within overbought levels, which might impose fluctuation or temporary profit-taking, without weakening the strength of the dominant bullish trend.

Accordingly, we suggest a rise in gold prices during upcoming intraday trading, especially if it breaches $5,200 resistance, to target its next resistance at $5,400.

The expected trading range is between $5,050 support and $5,350 resistance.

Today’s forecast: Bullish

The (EURUSD) price declined in its last intraday trading, after the stability of our expected target in our previous analysis at1.2025 resistance. This decline represents an attempt to gather its last gains and building a base that may provide bullish momentum to help it resume its strong rise on near-term basis.

The price attempts to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the bullish support due to its trading above EMA50, with the stability of the main bullish trend on short-term basis, and the trading alongside minor trend line.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, especially when breaching the mentioned resistance at 1.2025, to target its next resistance at 1.2130.

The expected trading range is between 1.1930 support and 1.2130 resistance.

Today's forecast: Bullish