The (crude oil) settled low in its last intraday levels, amid the emergence of the negative signaks on the (RSI), after the price success in offloading its oversold conditions, increasing the negative pressure around it, opening the way for recording more of the losses, amid the continuation of the negative pressure that comes from its trading below EMA50, which represents an obstacle prevents its recovery or the attempts of the rise.
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The (Gold) extended its strong gains in its last intraday trading, after its success in offloading its overbought conditions on the (RSI), to begin sending the positive signals again, opening the way for achieving more of the gains, to succeed in breaching the main resistance level at 43,400 and holding above it reinforces the chances for targeting next resistance levels, amid the dominance of the bullish correctional trend on the short-term basis and its trading alongside a supportive bias line for today.
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The (EURUSD) soars high in its last intraday trading, attacking the current resistance level at 1.1750, this level represents our morning target, amid its affection by breaching bearish correctional trend line previously on the short-term basis, with the continuation of the positive pressure that comes from its trading above EMA50, representing a source for the bullish momentum that assists it to settle positively, especially with the emergence of the positive signals on the (RSI), despite reaching overbought levels.
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Dogecoin (DOGEUSDT) declined in its recent intraday trading, as it searches for a higher low that could serve as a base to regain positive momentum. The short-term trend remains upward, with ongoing support from trading above the 50-day SMA. Additionally, a bullish divergence is beginning to form in the Relative Strength Index after reaching extremely oversold levels relative to price movement, with early signs of a positive crossover.
Therefore we expect the price to rise in upcoming intraday sessions, as long as support at 0.2544 holds, targeting the resistance level at 0.29133.
Today's price forecast: Bullish.