Crude oil prices reinforced their gains in their last intraday trading, benefited from the continuation of its trading above EMA50, which keeps providing dynamic support that reinforces the stability and dominance of the main bullish trend on short-term basis, especially with the trading alongside supportive trend line for this track.

Accompanied by the beginning of forming positive overlapping signals on relative strength indicators, after offloading the previous overbought conditions, opening the way for the upside track continuation and expanding its gains in the near period.

Therefore, we expect crude oil to rise in upcoming intraday trading, especially if it settles above $63.50, to target $66.00 key resistance.

The expected trading range for today is between $63.00 support and $66.00 resistance.

Today’s forecast: Bullish

Silver prices (SILVER) achieved slight rise in their recent intraday trading, supported by the emergence of positive overlapping signals from relative strength indicators, after reaching exaggerated oversold levels compared to the price move, which supported the current rebounding attempts.

On the other hand, the price is facing clear negative pressure due to the continuation of its trading below EMA50, which reduces the chances of achieving full recovery on near-term basis, especially with the dominance of the main bearish trend on short-term basis.

Accordingly, we suggest a decline in sliver’s upcoming intraday trading, especially if $86.00 resistance settles, to target $74.00 support.

The expected trading range is between $76.00 support and $90.00 resistance.

Today’s forecast: Neutral

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