The (crude oil) price slipped lower in its last intraday trading as we expected in our previous analysis for today, due to the stability of $63.50 resistance, after reaching EMA50’s resistance, affected by breaking main bullish trend line on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching overbought levels.

Gold price settles on losses in its last intraday trading, and there is dynamic and egative pressure due to its trading below EMA50, affected by breaking minor bullish trend line on short-term basis, besides the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

(EURUSD) kept declining in its last intraday trading, affected by breaking main bullish trend line on short-term basis, with negative pressure due to its trading below EMA50, breaking 1.1835, in a clear signal for its momentum to continue the decline in the upcoming period.

XRPUSD price recorded a decline in its latest intraday trading, coming under negative pressure from RSI and Stochastic signals, while attempting to form a higher low that could act as a base for renewed positive momentum and recovery. The pullback found support at a short-term corrective upward trend line, in addition to dynamic support from the 50-day SMA, which improves the chances of a near-term rebound.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, provided that support at $1.4340 holds, targeting the key resistance level at $1.6500.

Today’s price forecast: Neutral