The (crude oil) price slipped lower in its last intraday trading, due to the stability of the resistance level at $90.00 amid the attempts of looking for a rising low to take 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 emergence of the positive signals from relative strength indicators after reaching oversold levels.

Gold’s price kept rising in its last intraday trading, to breach the main resistance at $5,200, accompanied by surpassing EMA50’s resistance, to get rid of its negative pressure, reinforcing the chances of extending its gains on near-term basis, amid the dominance of the bullish trend on short-term basis, with its trading alongside supportive trend line for this path, on the other hand, we notice the emergence of negative signals from the relative strength indicators, after reaching overbought levels, which might reduce its intraday gains.

(EURUSD) kept rising in its last intraday trading, despite these gains, the pair fails now in breaching the key resistance at 1.1650, which represents a sign that show the weakness of the bullish momentum amid the continuation of the negative pressure due to its trading below EMA50, with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of the negative signals from there.

Dash (DASHUSD) price recorded a slight decline in its latest intraday trading after facing resistance at its 50-day SMA, coinciding with the test of the key resistance level at $33.00. This halted the previous gains during which the price managed to recover a large part of its earlier losses. Meanwhile, the main short-term bearish trend remains dominant, with the Stochastic indicator beginning to form a negative divergence after reaching extremely overbought levels relative to price action, accompanied by emerging negative signals.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as the mentioned resistance at $33.00 remains intact, targeting the first support level at $31.00.

Today’s price forecast: Bearish