The (crude oil) price declined in its last trading on the intraday levels, to gather its previous rises, to gather its bullish momentum that might help it to rise and recover again, amid the continuation of the positive support that comes from its trading above EMA50, with the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more gains on the near-term basis.

(Gold) declined in the last intraday trading, to attempt to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative signals from there, amid the dominance of the main bullish trend on the short-term basis, with its trading alongside supportive trend line for this track.

The (EURUSD) price settles on limited gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, amid the continuation of the negative pressure due to its trading below EMA50, with its trading within bearish corrective channel’s range that limits its previous trading on the short-term basis.

Ripple (XRPUSD) price recorded a decline in its latest intraday trading, as the price attempts to search for a rising bottom that could form a base to help it regain the positive momentum needed to resume its recovery, while also trying to shake off the negative pressure from its SMA50. At the same time, the price is working to unwind its clear overbought conditions on the RSI, especially with incoming negative signals, all under the dominance of the main short-term upward trend, with price action moving along a supportive trend line.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, especially as long as it remains stable above the $2.1060 level, to target the $2.2150 resistance level.

Today’s price forecast: Bullish