The (crude oil) price witnessed fluctuating moves in its last intraday levels, amid the attempts of offloading the clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, amid the dominance of the main bullish trend on short-term basis with its trading alongside supportive trend line for this path, with the continuation of the dynamic pressure that is represented by its trading above EMA50, reinforcing the chances of the upside track in near-term basis.

Gold price declined in its last intraday trading, to gather the gains of its previous rises, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, to gather its positive strength that might help it to recover and rise again, amid the stability of its trading above $5,300, this performance comes with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability and dominance of the minor bullish trend on short-term basis.

(EURUSD) kept declining in its last intraday trading, breaking our previous expected target at 1.1710 support, affected by technical negative formation that completed the bearish corrective trend (the symmetrical triangle pattern) with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of the negative signals from relative strength indicators.

Monero Coin (XMRUSD) price declined during its latest intraday trading, following the firm holding of the key resistance level at $356.30. A negative crossover has started to appear on the RSI after reaching overbought territory, diverging from price action and signaling the early formation of a bearish divergence. However, on the other hand, the price is still supported by the dynamic support represented by trading above the 50-period simple moving average, while a short-term corrective upward trend remains in control.

Therefore we expect the cryptocurrency price to decline during upcoming intraday trading, as long as it remains below the key resistance level at $356.30, targeting the first support level at $324.00.

Today’s price forecast: Bearish