The (crude oil) returned to rise in its last intraday trading, amid the continuation of the positive pressure that comes from its trading above its EMA50, which represents a dynamic support that keeps the bullish track, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

The (Gold) rose in its last intraday trading, with the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of the oversold conditions, to hit the resistance of its EMA50, amid the bearish correctional trend on the short-term basis and its trading alongside a bias line.

The (EURUSD) rose in its last intraday trading, with the emergence of the positive signals on the (RSI), after reaching oversold levels, attempting to offload some of the oversold conditions, reaching the resistance of its EMA50, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line.

Zcash’s currency price (ZECUSD) declined in latest intraday trading after hitting the resistance of the 50-period SMA, with negative signals starting to stream from the Stochastic after reaching extremely overbought levels. The price is now attempting to gather positive momentum that may help it overcome this negative pressure and vent off some of the apparent overbought saturation, amid the dominance of the short-term upward correctional trend and trading alongside a rising trend line.

Therefore we expect the currency to rise in upcoming intraday trading, but only if it first breaches the resistance level of $46.22 — a move that would confirm relief from current downside pressure and open the door to target the pivotal resistance of $56.88.

Today’s price forecast: Bullish