The (crude oil) price declined in its last intraday trading, after reaching our morning suggested target at $60.50 resistance, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to breach this resistance, amid the dominance of the bullish trend on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, besides the emergence of positive signals from relative strength indicators.

(Gold) settles on a rise in the last intraday trading, amid the dominance of the main bullish trend and its trading alongside minor trend line on supportive short-term basis for this trend, to settle above $4,700 for the first time ever, benefiting from the dynamic support that is represented by its trading above EMA50, with the emergence of positive signals from relative strength indicators, despite reaching overbought levels.

The (EURUSD) rose in its last intraday trading, after it declined after reaching our morning expected target at 1.1755 resistance, with the emergence of negative signals from the relative strength indicators, to gather the gains and attempts to offload this overbought conditions, affected by exiting bearish corrective channel’s range on a short-term basis, with a dynamic support that is represented by its trading above EMA50, gaining renewed bullish momentum.

Dash (DASHUSD) price recorded a decline in its latest intraday trading, breaking below the key support level at $72.35. This move came alongside slipping below its SMA50, which has intensified the surrounding negative pressure on the price, under the dominance of a short-term corrective downward wave. However, on the other hand, positive signals have begun to emerge from the RSI after it reached extremely oversold levels, which could help curb part of the upcoming losses.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, especially if the break below the $72.35 support level is confirmed, to target the next support at $62.85.

Today’s price forecast: Bearish