The (crude oil) price settles on a decline in its last intraday trading, amid the emergence of negative signals on relative strength indicators, after reaching overbought levels, attempting to gain bullish momentum that might help it to recover and settle again, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability of the main bullish trend on a short-term basis, especially with its trading alongside trendline.

(Gold) fluctuated on its last intraday levels, attempting to gain bullish momentum to help it to resume its gains and recording new all-time highs, attempting to offload some of its clear overbought conditions on relative strength indicators, especially with the emergence of the negative signals from there, amid full dominance of the main bullish trend on short-term basis, with its trading alongside supportive trend line for this trend.

(EURUSD) price rose in its last intraday trading, to settle above 1.1865 resistance, in a significant step to confirm breaching it, amid the dominance of the main bullish trend on short-term basis, with its trading alongside supportive minor trend line for this trend, with the continuation of the positive pressure that comes from its trading above EMA50, after offloading its overbought conditions on relative strength indicators, opening the way for achieving these intraday gains.

Solana (SOLUSD) price recorded stability on gains in its latest intraday trading, following the price’s rebound from the key support level at $116.65, which provided positive momentum that helped it recoup part of its previous losses. At the same time, the price managed to unwind its oversold conditions on the RSI. However, this comes under the dominance of the main short-term downward trend, alongside continued negative and dynamic pressure from trading below its SMA50, which limits recovery prospects in the near term.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $125.60 resistance level remains intact, to retest the $116.65 support level.

Today’s price forecast: Bearish