The (crude oil) price rebound higher in its last intraday trading, as it gained bullish momentum due to its leaning on EMA50’s support, especially with the emergence of the positive signals from relative strength indicators, under the dominance of the main bullish trend on short-term basis, with its trading alongside supportive trendline for this path.

Gold price extended its gains in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of sustainable recover on near-term basis, especially with the relative strength indicators reaching overbought levels, exaggeratedly compared to the price move.

(EURUSD) settles on gains in its last intraday trading, to settle above 1.1800, supported by the emergence of the positive signals from relative strength indicators, on the other hand, the negative pressure continues due to its trading below EMA50, reinforcing stability and dominance of the bearish corrective trend on short-term basis.

DOGEUSD price recorded gains in its latest intraday trading, supported by incoming positive signals from the RSI, as the price attempts to recover part of its previous losses. However, negative pressure remains in place due to continued trading below its SMA50, which reinforces the stability and dominance of the main short-term downtrend, with price action moving along a trend line supporting this bearish path.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as it remains below the $0.1014 resistance level, to target the $0.0790 support level.

Expected trading trend: Bearish