The (EURUSD) price rose in its last intraday trading, after its previous leaning on EMA50’s support, providing bullish momentum that stopped its sudden losses and pushed it to rebound higher.

This performance comes amid the dominance of the main bullish trend on short-term basis, accompanied by the emergence of positive overlapping signals from relative strength indicators, reinforcing the likelihoods of improving the performance and supporting the recovery chances in the upcoming period.

Therefore, we suggest a rise in (EURUSD)price’s upcoming intraday trading, if it settles above 1.1900 resistance to target its next resistance at 1.1970.

The expected trading range is between 1.1835 support and 1.1970 resistance.

Today's forecast: Bullish

The (BTCUSD) price declined in its last intraday trading, after it failed to keep its intraday cautious gains, amid the continuation of the negative pressure due to its trading below EMA50, reinforcing the stability and strength of the main bearish trend on short-term basis, with its trading alongside minor trend line that increases the negative pressure on the price, especially with the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

The (crude oil) price declined in its last intraday trading, to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its overbought conditions on relative strength indicators, especially with the emergence of negative overlapping signals, amid the continuation of the bullish support due to its trading above EMA50, amid the dominance of the main bullish trend on short-term basis.

Gold price declined in its last intraday trading, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid its trading alongside minor bullish trend line on short-term basis, with the continuation of the positive pressure due to its trading above EMA50, on the other hand, we notice the emergence of negative signals from relative strength indicators, after reaching overbought levels.