The (crude oil) witnessed strong gains in its last intraday trading, breaching the key resistance at $58.00, taking advantage of the emergence of the positive signals on the relative strength indicators, reaching overbought levels, indicating a quick decline for the bullish momentum, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduce the chances of the price recovery on the near-term basis.

(Gold) extended its early gains today, taking advantage of its trading alongside minor trend line on the short-term basis, with the emergence of positive signals on the relative strength indicators, reaching the resistance of its EMA50, in attempt to get rid of its negative pressure.

The (EURUSD) declined in its last intraday trading, due to the stability of the resistance at 1.1540, amid the dominance of the main bearish trend and the trading alongside minor trend line on the short-term basis, with the emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move.

Solana (SOLUSD) declined in its latest intraday trading after the price encountered resistance from the 50-period simple moving average earlier today, forcing it to reverse lower. This drop coincided with the price testing a major short-term descending trendline, which intensified the negative pressure. At the same time, the Relative Strength Indicators show renewed bearish signals after reaching extremely overbought levels.

Therefore, we expect the cryptocurrency to decline in the upcoming intraday sessions, as long as it remains below 134.00, targeting the key support level at 121.25.

Expected direction for the upcoming sessions: Bearish