Crude oil prices rose strongly in its recent intraday trading, supported by its continued trading above EMA50, which provides dynamic support base to gain renewed bullish momentum, amid the dominance of the main bullish trend on the short-term basis, besides the emergence of the positive signals from relative strength indicators after reaching oversold levels.

Gold deepened its losses in its recent intraday trading, reaching the main support level at $4,500, which was an expected target in our previous analysis, amid the continuation of the negative pressure that comes from its trading below EMA50, with its trading alongside minor bearish trend line on the short-term basis, noticing the emergence of the negative signals from the relative strength indicators.

The EURUSD price kept declining during its recent intraday trading, surpassing the support of EMA50, which puts it under negative pressure in its upcoming moves, especially if it breaks the current support at 1.1690, to confirm its intense to continue the decline, despite the emergence of positive signals from the relative strength indicators, after reaching oversold levels, as a clear signal for the volume of the negative pressure.

Cardano (ADA/USD) price slid lower in its latest intraday trading, as the price attempts to gain positive momentum that might help it recover and rise again. Simultaneously, it is trying to ease some of its clear overbought conditions indicated by the Stochastic indicator, especially as negative signals begin to emerge. With this decline, the price has leaned on the support of its 50-day SMA in a final attempt to find that momentum, particularly as this occurs amid the dominance of a short-term bullish corrective trend and movement alongside a supporting trendline.

Therefore, our expectations lean toward a rise in the cryptocurrency price during its upcoming intraday trading, contingent on the important condition that the support level at 0.2370 remains intact, targeting the key resistance level at 0.2460.

Expected trend for upcoming trading: Bullish