The (crude oil) kept declining in its last intraday trading, after breaking the key support at $57.35, amid the dominance of the bearish trend line and its trading alongside steep minor trend line on the short-term basis that supports this bearish trend, with the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.
(Gold) declined in its last intraday trading, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that may help it to recover and rise again, amid the continuation of the positive support due to its trading above EMA50, with its trading alongside minor bullish trend line on the short-term basis.
The (EURUSD) settles on strong gains on fluctuated trading in its last intraday levels, gathering bullish momentum quickly to help it resume these gains, amid the dominance of the main bullish trend and its trading alongside minor trend line that reinforces the dominance of this track, besides the emergence of positive signals on the relative strength indicators.
Dogecoin (DOGEUSD) stabilized with cautious gains in its latest intraday trading, benefiting from the firmness of the pivotal support level at 0.1324, which provided some positive momentum and helped the price achieve these gains. This move was supported by positive signals flowing from the RSI indicators after they had previously reached extremely oversold levels. However, negative pressure continues as the price trades below its 50-day SMA, reinforcing the stability and dominance of the main short-term descending trend, with the price moving alongside a supporting trendline.
Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, especially if it breaks the mentioned support level at 0.1324, targeting thereafter the next support at 0.1255.
Expected trend for the upcoming trading: Bearish