The (crude oil) declined in its last intraday trading, to begin offloading its clear overbought conditions on the (RSI), especially with the beginning of the negative signals appearance, to lean on the support of its EMA50, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line.

The (Gold) declined slightly in its last intraday trading, to gather the gains of its previous rises attempting to offload some of its clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signal appearance, amid the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, supported by its continuous trading above EMA50, forming extra support that keeps the stability of the positive track.

The (EURUSD) declined in its last intraday levels, after reaching the resistance of its EMA50, accompanied by testing bearish correctional trend line on the short-term basis, intensifying the effect of the negative pressures on the pair, especially with the beginning of the negative signals emergence on the (RSI), after reaching exaggerated overbought levels compared to the price move.

Toast (TOST) stock rose in its latest intraday trading, driven by bullish signals from the Relative Strength Index. The stock remains under the influence of a medium-term upward trend, trading along a short-term ascending trendline and supported by continued movement above its 50-day SMA, which helps maintain the positive momentum.

Therefore we expect the stock to rise in upcoming sessions, as long as it holds above $44.00, targeting the resistance level at $50.00.

Today’s price forecast: Bullish.