The (crude oil) extended its gains in its last intraday trading, getting rid of the negative pressure on the EMA50, accompanied by breaching the key resistance level at $59.00, announcing its full recovery in the upcoming period, affected by breaching minor bearish trend line on the short-term basis.

(Gold) rose in its last intraday trading, supported by its continued trading above EMA50, and under the dominance of the main bullish trend and its trading alongside supportive minor trend line on the short-term basis, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, after reaching overbought levels that may limit the gains in the upcoming period.

The (EURUSD) surged higher in its last intraday trading, leaning on the support of EMA50, besides its leaning on bullish corrective trend line on the short-term basis, gaining bullish momentum that helped it to achieve strong gains, attacking the key resistance at 1.1605, supported by forming positive divergence on the relative strength indicators.

Dogecoin (DOGEUSD) declined in its latest intraday trading, under the dominance of the main short-term descending trend, with the price moving alongside a trendline supporting this bearish structure. However, the price benefits from dynamic support provided by its trading above the 50-day SMA, in addition to the early formation of a positive divergence on the RSI indicators after they reached extremely oversold levels in an exaggerated manner compared to the price movement, accompanied by the beginning of positive signal inflows.

Therefore we expect a cautious rise in the cryptocurrency in its upcoming intraday trading, as long as it remains above the support level of 0.1450, targeting the pivotal resistance level of 0.1560.

Today’s price forecast: Bullish