The (crude oil) declined in its last intraday trading, erasing its early gains for today and turning it into losses, affected by the previously mentioned negative technical formation on the short-term basis (the rising wedge pattern), with the continuation of the negative pressure that comes from its trading below EMA50, reinforcing the surrounding negative pressure.

(Gold) declined in its last intraday trading, affected by reaching the EMA50’s resistance, putting it under negative pressure to attempt to gain bullish momentum that might help it to surpass this negative pressure, amid the dominance of the main bullish trend on the short-term basis, and its trading alongside trend line, with the emergence of the positive signals on the relative strength indicators.

The (EURUSD) declined in its last intraday trading, to break bullish corrective trend line on the short-term basis, surpassing the support of its EMA50, putting it under intense pressure, especially with the emergence of the negative signals on the relative strength indicators.

Solana (SOLUSD) remained sharply lower in its latest intraday trading under the dominance of the main short-term descending trend, after having previously broken an ascending corrective trendline. Continued negative pressure persists from trading below its 50-day SMA, along with ongoing negative signals from the RSI indicators despite their presence in extremely oversold territory.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level of 132.80, targeting the pivotal support level of 121.45.

Today’s price forecast: Bearish