The (crude oil) surged in its last intraday trading, to succeed in breaching the critical resistance level at $63.65, this level represents neckline for positive technical formation on the short-term basis, which is the double bottom pattern, supported by its trading above its EMA50, with the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels. 

The (Gold) price declined in its last intraday levels, due to the stability of the main resistance level at $3,700, attempting to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, at the same time it is attempting to offload some of its clear overbought conditions on the relative strength indicators, especially with the emergence of negative overlapping signals from there, amid the dominance of the main bullish trend and its trading along a minor trendline on the short-term basis.

The (EURUSD) surged sharply in its last intraday trading, after its succeeded in its early trading for today to breach the critical resistance level at 1.1785, supported by its continuous trading above EMA50, and under the dominance of the bullish trend on the short-term basis and its trading along a trendline, besides the emergence of the positive signals from the relative strength indicators, despite reaching overbought levels.

Cardano (ADAUSD) price advanced in its latest intraday trading, as it attempts to recover part of its prior losses while also working to unwind its clear oversold levels in the Stochastic indicators, with positive signals beginning to appear. On the other hand, bearish pressure persists from trading below its 50-day SMA, while the price had earlier been impacted by the break of a short-term corrective upward trend line, reducing the chances of a near-term recovery.

Therefore, we expect the currency to decline in its upcoming intraday trading, as long as the resistance level of 0.9028 holds, to then target the key support level of 0.8144.

Today’s price forecast: Bearish.