The (crude oil)  witnessed mixed trading in its last intraday trading, amid the continuation of the key support level stability at $62.00, gaining some positive momentum besides the emergence of the positive signals on the (RSI), after reaching oversold levels, on the other hand, the negative pressure that comes from its trading below EMA50, and under the dominance of minor bearish wave on the short-term basis with its trading alongside a supportive bias line for this track.

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The (Gold) price kept declining in its last intraday trading, amid its trading within a minor bearish channel’s range that limits its previous trading on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, beside the emergence of the negative signals on the (RSI), after reaching exaggerated overbought levels compared by the price move.

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The (EURUSD) declined in its last intraday trading, amid the emergence of the negative signals on the (RSI), in attempt to look for a rising low to take it as a base that help it to recover and rise again, leaning on the support of its EMA50, accompanied by its lean on the support of minor bullish channel that limits its trading on the short-term basis.

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KILT/USD declined in its latest intraday trading, with the short-term downtrend fully dominating as the price moves along a supporting slope for this bearish trajectory. Continued negative pressure stems from trading below the 50-period simple moving average. In addition, RSI indicators are sending negative signals after reaching strongly overbought levels, forming a bearish divergence that intensified the selling pressure.

Therefore, we expect the price to fall in upcoming intraday sessions, as long as it remains below the 0.030769 resistance level, targeting the support level at 0.019251.

Today’s price forecast: Bearish