The (crude oil) settled low in its last intraday trading, as we expected in our previous report where it was affected by the negative pressure that comes from the stability of the critical resistance at $62.85, amid the continuation of the negative pressure that comes from its trading below EMA50, besides forming negative divergence on the (RSI), after reaching overbought levels, with the beginning of the negative signals from there.
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The (Gold) price surged high in its last trading on the intraday levels, reaching our suggested target at $3,630 resistance, succeeding in surpassing it as a clear signal for its momentum to continue the rise, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive bias line, with the emergence of the positive signals on the (RSI), despite its stability on overbought levels.
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The (EURUSD) declined in its last intraday trading, to gather its early gains for today, attempting to gain bullish momentum that might help it to rise again, after breaching the critical resistance at 1.1730, and holding above it, supported by the its continuous trading above the EMA50, besides the emergence of the positive signals on the (RSI), after offloading its overbought conditions, opening the way for achieving more of the gains, amid its trading alongside a bullish trend line on the short-term basis.
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Solana (SOLUSDT) price jumped higher in its latest intraday trading, preparing to test the current resistance level of 218.00. The short-term main bullish trend remains in control, with trading moving along an upward slope line that supports this path, while positive pressure continues from trading above its 50-day SMA. On the other hand, a negative crossover has begun to appear in the Stochastic indicators after reaching strongly overbought levels, which may limit the price’s upcoming gains.
Therefore, we expect the currency to rise in its upcoming intraday trading, provided it first breaks the mentioned resistance of 218.00, to then target its next resistance at 237.00.
Today’s price forecast: Bullish.