Crude Oil prices rose in their latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, attempting to recover some of the previous losses, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of a full recovery in the upcoming near period.

Gold declined in its last intraday trading, reaching the key and psychological support at $4,000, this support represents our expected target, with the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis, noticing the negative signals from the relative strength indicators. 

The EURUSD pair extended its gains in its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, amid the dominance of bullish corrective waves on the short-term basis, reaching EMA50’s resistance, threatening these gains if it manages to surpass the resistance in the upcoming near period.

Dogecoin (DOGEUSD) edged slightly higher in recent intraday trading, supported by positive signals from momentum indicators after they reached extremely oversold territory. The cryptocurrency is attempting to recover part of its previous losses, but the primary short-term bearish trend remains firmly in control, with price action continuing to move alongside a descending trendline that supports the downtrend. Additional negative pressure persists as the price continues to trade below its 50-period Simple Moving Average (SMA), limiting the prospects for a sustained recovery in the near term.

Therefore, our outlook remains bearish for the cryptocurrency's upcoming intraday trading sessions, as long as resistance at $0.0767 remains intact. Under this scenario, the next downside target is seen at the $0.0678 support level.

Today's price forecast: Bearish.