The (crude oil) kept declining in its last intraday trading, because of negative pressure due to its trading below EMA50, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to break a bullish correctional trend line on the short-term basis.
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The (Gold) price reinforced its gains in its last intraday trading, supported by the positive signals on the (RSI), after reaching oversold levels, under the dominance of the main bullish trend on the short-term basis, with its trading above EMA50, providing renewed bullish momentum.
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The (EURUSD) soared in its last intraday trading, due to its lean on bullish trend line on the short-term basis, gaining bullish momentum that helped it to achieve these strong gains, taking advantage of the positive pressure that comes from its trading above EMA50, attacking the key resistance at 1.1730,this resistance represents our last suggested target, besides the emergence of the positive signals on the (RSI), after reaching oversold levels.
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Alpha Quark Token (AQTUSDT) price declined in its latest intraday trading, as negative signals appeared in the Stochastic indicators while the price attempts to gather positive momentum that may support recovery and renewed rise. The short-term corrective bullish wave remains in control, supported by continued trading above its 50-day SMA, which reinforces the chances of a near-term rebound.
Therefore, we expect the currency to rise in its upcoming intraday trading, as long as the support level of 1.0305 holds, to then target the resistance level of 1.1210.
Today’s price forecast: Bullish.