The (EURUSD) rose in its last intraday trading, taking advantage of its bullish rebound from the critical support at 1.1745, which stopped the last decline, supported by the momentum that comes from the price stability above EMA50, which indicates the continuation of the dynamic support for the price move.

Offloading the overbought conditions that appear on the (RSI) assisted to open the way for the bullish move, reinforcing the possibility for the continuation of the gains in the upcoming moves, affected by the effect of the main bullish trend on the short-term basis, and its trading alongside w bias line that indicates the strength of the bullish trend.

Therefore, our expectations for the (EURUSD) suggest a rise in the intraday levels, conditioned by its stability above the support of 1.1745, to target the resistance at 1.1880.

The expected trading range is between 1.1700 support and 1.1880 resistance.

Today’s forecast: Bullish

The (BTCUSD) declined in the intraday levels, due to the stability of the critical resistance level at $110,500, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals, amid the dominance of the bullish trend on the short-term basis and its trading alongside a bias line.

The (crude oil) declined in its last intraday trading, attempting to gather a positive momentum that might assist it to rise again, and attempts to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from them, this comes amid the continuation of the dynamic support that is represented by its trading above EMA50.

The (Gold) rose in its last intraday trading, after its lean on the support of its EMA50, providing some positive momentum that assisted it to bounce higher, amid the dominance of minor bullish wave on the short-term basis, after the price success in offloading its clear overbought condition of the (RSI), opening the way for its recovery.