Crude Oil declined in its last intraday trading, after offloading some of its oversold conditions on the relative strength indicators, opening the way for recording more losses in the near upcoming period, especially with the continuation of the negative pressure due to its trading below EMA50, which reinforces the stability and dominance of the main bearish trend on the short-term basis.

Gold rose during its latest intraday trading, due to the stability of the support level at $4,100, which represents our last expected target, providing bullish momentum that helped it to achieve these gains, to recover some previous losses, supported by the beginning of forming positive divergence on the relative strength indicators, besides the emergence of positive signals from them, amid the dominance of the main bearish trend on the short-term basis.

The EURUSD pair kept declining in its recent intraday levels, breaking 1.1390 support, which represents our last targets, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, despite the stability of the relative strength indicators in oversold levels, in a clear signals for the sellers dominance.

Litecoin (LTCUSD) has recorded a series of consecutive losses in recent intraday trading and is now approaching a break below the key support level at $42.65. The primary short-term bearish trend remains firmly in control, while negative pressure continues to stem from the cryptocurrency's trading below its 50-period Simple Moving Average (SMA), reducing the chances of a meaningful recovery in the near term. Momentum indicators are also generating bearish signals despite remaining in extremely oversold territory.

Therefore, our outlook remains negative for the cryptocurrency's upcoming intraday trading sessions, particularly if it breaks below the $42.65 support level. A confirmed breakdown could pave the way for a move toward the key support target at $40.85.

Today's price forecast: Bearish.