Bitcoin soars high in its last intraday trading, amid the domination of the main bullish trend and its trading alongside the trendline, besides the return of the positive signals on the (RSI), increasing the positive momentum, especially with its stability above $92,500.
Therefore, if the price settles above this support, our expectations for bitcoin will suggest an upside movement in the upcoming intraday trading, to target the resistance level at $97,400
The expected trading range for today is between $92,500 support and $97,400 resistance.
Today’s forecast: Bullish
The gold price declined in its last intraday trading, breaking the bullish trend line on the short-term basis, accompanied by surpassing the support of its EMA50, which increasing the negative pressure, besides the negative signals that come from the (RSI), despite reaching oversold levels.
Therefore, our expectations suggest more of the downside move for the gold price in its intraday trading, if the price settles below $3,290, to targe the support level at $3,240.
The expected trading range for today is between $3,240 support and $3,320 resistance.
Today’s forecast: Bearish
The EURUSD price witnessed mixed trading on its intraday levels, affected by the negative pressure that comes from its trading below its EMA50, and under the domination of a bearish correctional wave on the short-term basis, on the other hand, we notice the emergence of the positive signals on the (RSI), after reaching oversold levels.
Therefore, our expectations indicate the EURUSD price’s decline in the upcoming intraday trading, if the price settles below 1.1430, to target the key support level at 1.1265.
The expected trading range for today is between 1.1265 support and 1.1430 resistance.
Today’s forecast: Bearish
Ethereum price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), and under the domination of the bullish correctional trend on the short-term basis, and its trading alongside trendline, getting ready to attack the main resistance level at $1,800.
Therefore, our expectations suggest Ethereum price rise in their upcoming intraday trading, if the price breached the resistance at $1,800 initially, followed by targeting its next resistance at $1,900
The expected trading range for today is between $1,685 support and $1,830 resistance
Today’s forecast: Bullish