The (crude oil) price kept rising on its last intraday trading, after breaching $75.00 resistance, benefiting from the dynamic support that is represented by its trading above EMA50, reinforcing the dominance of the main bullish trend on short-term basis, besides the emergence of the positive signals from relative strength indicators, despite reaching overbought levels.

Gold price slipped lower in its last intraday trading, leaning on our morning mentioned potential target at $5,000 key support, affected by breaking minor bullish trend line on short-term basis, reinforcing the strength of the selling pressures, the price is under extra dynamic pressure due to the continuation of its trading below EMA50, indicating a negative reversal in the short-term momentum.

(EURUSD) kept declining in its last intraday trading, reaching our last target at 1.1530 support, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

Zcash (ZECUSD) price recorded a decline in its latest intraday trading, amid continued negative dynamic pressure as it trades below its 50-day SMA, reinforcing the stability and dominance of the main short-term bearish trend, especially with movement alongside a minor trendline supporting this path. In addition, the Stochastic indicator shows negative signals after reaching overbought levels.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $233.60 remains intact, targeting the key support level at $203.20.

Today’s price forecast: Bearish