Crude oil prices is experiencing fluctuating trading on its last intraday levels, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of sustainable recover on the near-period, amid the dominance of bearish corrective wave on short-term basis, on the other hand, we notice the emergence of the positive signals from the relative strength indicators, which helped it to settle temporarily against the negative pressure.

Gold price declined in its last intraday trading, amid the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, to attempt to gain bullish momentum that might help it to recover and rise again, amid the continuation of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish corrective wave on short-term basis.

The EURUSD pair rose in its last intraday trading, amid the attempts to breach 1.1790 resistance, taking advantage of the continuation of the positive support due to its trading above EMA50, and the trading alongside steep minor bullish trend line that indicates the strength of the positive momentum around it. Noticing the emergence of the positive signals from the relative strength indicators, after reaching exaggerated oversold levels compared to the price move.

Litecoin (LTCUSD) price rose in its latest intraday trading, after leaning on the support of its 50-day SMA. This provided the coin with positive momentum that helped it achieve these gains, amid the dominance of a short-term bullish corrective trend as it moves alongside a trendline supporting this path. Additionally, a positive crossover is beginning to emerge in the Stochastic indicator after reaching deeply oversold levels.

Therefore, we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as support at 53.45 remains intact, targeting the key resistance level at 55.25.

Today’s price forecast: Bullish