Evening update for crude oil-23-05-2025

The Gold rose in its recent intraday trading, reaching our target at $3,350, amid the domination of the bullish trend and its trading alongside a minor bias line on the short-term basis, supported by the emergence of the positive signals on the (RSI), despite reaching overbought levels.

The EURUSD rose in its recent intraday trading, after reaching our morning target at 1.1380, to get ready to attack it, supported by the domination of the bullish trend and its trading alongside a minor bias line on the short-term basis, with the continuation of the positive support due to its trading above its EMA50.

The price of (ETHUSD) declined in its recent intraday trading, affected by the critical resistance level at 2,730, attempting to gain positive momentum and offloading its clear overbought condition on the (RSI), especially with the emergence of the negative signals on them, amid the continuation of the positive pressure due to its trading above its EMA50.