Crude Oil price declined in its last intraday trading, attempting to look for a rising low to use it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, with the dominance of bullish corrective wave on the short-term basis, with the relative strength’s reaching oversold levels, exaggeratedly compared to the price move, indicating a beginning for forming positive divergence that reinforces the chances of the price’s recovery in the near upcoming period.

Gold extending its gains in its recent intraday trading, breaching $4,100 resistance, amid the dominance of bullish corrective wave on the short-term basis, with its trading alongside supportive trend line for this path, besides the positive pressure that comes from its trading above EMA50, on the other hand, we notice that the relative strength indicators have reached overbought levels, exaggeratedly compared to the price action, which might decelerate the continuation of the upside moves in the near upcoming period.

The EURUSD pair continued its fluctuation in its latest intraday trading, amid its trading within bullish corrective channel’s range on the short-term basis, supported by its continued trading above EMA50, on the other hand, we notice the beginning of negative overlapping signals on the relative strength indicators, after reaching overbought levels, which reduced the upside moves in the previous period.

Litecoin (LTCUSD) edged slightly lower in recent intraday trading as the cryptocurrency attempts to build fresh positive momentum that could support a recovery and help it overcome the negative pressure from its 50-period Simple Moving Average (SMA). Despite the modest pullback, a short-term bullish corrective trend remains in control, with price action continuing to move alongside an ascending trendline that supports the current advance. Momentum indicators are also generating positive signals, reinforcing the prospects for further gains in the near term.

Therefore, our outlook remains bullish for the cryptocurrency's upcoming intraday trading sessions, as long as the price holds above the $42.70 support level. Under this scenario, the next upside target is the key and stubborn resistance level at $45.40.

Today's price forecast: Bullish.