The (crude oil) price rose in its last intraday trading, to retest the key resistance at $92.00, supported by the emergence of the positive signals from the relative strength indicators, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative and dynamic pressure that is represented by its trading below EMA50, threatening any current gains with a potential reversal at any time.

Gold’s price keeps its early gains in its last intraday trading, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, on the other hand, the negative pressure that comes from trading below EMA50, reducing the chances of sustainable recovery on near-term basis.

(EURUSD) prices are witnessing fluctuating trading on their last intraday levels, amid the emergence of negative signals from the relative strength indicators, after reaching overbought levels, to attempt to gain bullish momentum that might help it to recover and rise again, amid the dominance of bullish corrective wave on short-term basis, with the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery on near-term basis.

Zcash (ZECUSD) price recorded a decline in its latest intraday trading, as the key resistance level at $233.65 remains firm. This comes amid the dominance of a sharp short-term bearish sub-wave, while negative and dynamic pressure persists as the price trades below its 50-day SMA, limiting the chances of a full recovery in the near term. In addition, negative signals continue to emerge from the Stochastic indicator after reaching extremely overbought levels.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as it remains below the resistance level at $233.65, targeting the support level at $213.55.

Today’s price forecast: Bearish