The (crude oil) price extended its gains in its last intraday trading, preparing to attack the expected target in our previous analysis at $62.00 key resistance level, amid the continuation of the bullish support due to its trading above EMA50, with the emergence of positive signals from relative strength indicators, besides its moves alongside minor bullish trend line on short-term basis.

(Gold) witnessed fluctuating trading on its last intraday levels, attempting to gain bullish momentum to help it rise and record new all-time highs on a near-term basis, amid the continuation of the dynamic support that is represented by its trading above EMA50, which confirms the stability and dominance of the main bullish trend on the short-term basis, besides the emerging of positive signals from relative strength indicators.

(EURUSD) price kept rising in its last intraday trading, to breach the expected target in our previous analysis at 1.1950 resistance, amid the dominance of the main bullish trend on a short-term basis, with the emergence of positive signals from relative strength indicators, after offloading its overbought conditions, opening the way for extending its intraday gains.

Stellar (XLMUSD) price recorded stability on a decline in its latest intraday trading, amid the dominance of the main short-term downward trend, with price action moving along a supportive minor trend line for this move. In addition, the price remains under continued negative pressure from trading below its SMA50, which limits recovery prospects in the near term, especially as negative signals continue to emerge from the RSI, despite the indicator reaching extremely oversold levels.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $0.2125 resistance level remains intact, to target the key support at $0.2000.

Today’s price forecast: Bearish