The (crude oil) declined in its last intraday trading, attempting to gather a positive momentum that might assist it to rise again, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from them, this comes amid the continuation of the dynamic support that is represented by its trading above EMA50.

The (Gold) rose in its last intraday trading, after its lean on the support of its EMA50, providing some positive momentum that assisted it to bounce higher, amid the dominance of minor bullish wave on the short-term basis, after the price success in offloading its clear overbought condition of the (RSI), opening the way for its recovery.

The (EURUSD) declined in its last intraday trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to reach overbought levels, to attempt to gain positive momentum that might assist it to recover and rise again, amid the main bullish trend on the short-term basis and its trading alongside a bias line, with the continuation of the positive support due to its trading above EMA50.

Polygon’s currency price (MATICUSDT) rose in latest intraday trading, breaking above the ceiling of a short-term descending price channel that had confined previous trades, supported by trading above the 50-day SMA and positive signals streaming from the Stochastic, despite it reaching overbought levels.

Therefore we expect the currency to rise in upcoming intraday trading, as long as the support level of 0.175 holds on, targeting the resistance level of 0.206.

Today’s price forecast: Bullish