The (crude oil) witnessed fluctuated moves in its last intraday levels, due to the stability of the critical resistance level at $65.70, this resistance represents our expected target in our previous analysis, in attempt to gain bullish momentum that might help to breach it, after reaching overbought levels, attempting to offload this overbought condition, amid the dominance of bullish correction wave on the short-term basis.
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The (Gold) price rose in its last intraday trading, amid the continuation of the positive support that comes from its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside trendline, besides the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.
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The (EURUSD) extended its gains in its last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, to notice its reach to overbought levels compared to the price move, indicating quick fade out for the bullish momentum, amid the dominance of the bearish correction trend on the short-term basis and its trading alongside trendline, with the continuation of the negative pressure that comes from its trading below its EMA50.
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Neiro (NEIROUSDT) settled lower in its latest intraday trading, under the dominance of the main downtrend with movements along a short-term descending line supporting this path. The negative pressure persists as the price continues to trade below the 50-day SMA, reinforced further by the emergence of a bearish crossover in the RSI, after the token had earlier managed to relieve some of its oversold conditions.
Therefore, we expect the token to decline in upcoming sessions, as long as it remains below the resistance level of 0.00031001, targeting the support level at 0.00024514.
Today’s price forecast: Bearish.