The (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, but the price still moving in tight sideways range on the intraday levels, amid the continuation of the negative pressure due to its trading below its EMA50.

The (Gold) declined in its last intraday trading, gathering the gains of its previous rises, attempting to gain positive momentum that may assist it to rise again, besides the attempt to offload some of its clear overbought conditions on the (RSI), especially with the appearance of negative overlapping signals.

The (EURUSD) declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload some of its overbought levels on the (RSI), especially with the beginning of the negative signals appearance from them, to gather its positive strength that might assist the return of the rise, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor bias lines.

SOL/USD price fell in latest intraday trading while seeking a bottom to bounce it higher and provide positive momentum to recover, with the price leaning on the upward correctional trend line in the short term, while leaning on the support of the 50-day SMA, coupled with positive signals from the Stochastic after reaching oversold levels.

Therefore we expect the price to rise as long as the support of $141.60, targeting the pivotal resistance of $158.85.

Today’s price forecast: Bullish