The (crude oil) kept declining in its last intraday trading, amid the emergence of the negative signals on the relative strength indicators, breaking minor bullish trend line on the short-term basis, preparing to surpass the support of its EMA50, intensifying the negative pressure on the near-term basis.
(Gold) declined in its last intraday trading, surpassing the support of its EMA50, putting it under negative pressure in the upcoming trading, looking for rising low to help it gain the required positive momentum for its recovery, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line.
The (EURUSD) slipped lower in its last intraday trading, to break minor bullish corrective trend line on the short-term basis, which puts it under negative pressure in the upcoming period, especially with the emergence of the negative signals on the relative strength indicators, surpassing the support of its EMA50.
Dogecoin (DOGEUSD) held higher in its latest intraday trading as the price attempts to shed the negative pressure of the 50-day SMA, signaling recovery under the dominance of a short-term corrective ascending wave. Positive signals continue to flow from the RSI indicators, which strengthens the likelihood of the price extending its gains in the upcoming movement.
Therefore we expect the cryptocurrency to rise in its upcoming intraday trading, as long as it remains above the support level of 0.1365, targeting the pivotal resistance level of 0.1525.
Today’s price forecast: Bullish