US crude oil rose in its latest intraday trading, supported by dynamic strength from trading above its 50-day SMA and by its movement alongside a short-term ascending secondary trendline that reinforces this positive trajectory. Additional support comes from positive signals flowing from the RSI indicators.

Gold advanced in its latest intraday trading as the price attempts to break the pivotal and stubborn resistance level of $4,225, supported by its movement above the 50-day SMA and by its short-term ascending trendline. This comes after the price successfully relieved part of its overbought saturation on the RSI indicators.

The EUR/USD saw choppy movement in its latest intraday levels, as the pair attempts to collect recent profits while also trying to vent off part of its clear overbought saturation on the RSI indicators, especially with the arrival of negative signals. This comes under the dominance of a short-term corrective ascending trend, with the pair moving alongside a supporting trendline.

Ripple (XRPUSD) declined in its latest intraday trading as the price takes profits from its recent gains while simultaneously attempting to relieve part of its overbought saturation on the RSI indicators, especially with the arrival of negative signals. This may allow the price to gather positive momentum that could help extend its intraday gains, supported by positive backing from the 50-day SMA and under the dominance of a short-term corrective ascending wave, with the price moving alongside a supporting trendline.

Therefore we expect the cryptocurrency to rise in its upcoming intraday trading, especially as long as it remains above 2.1507, targeting the pivotal resistance level of 2.2819.

Today’s price forecast: Bullish