The EURUSD tests the resistance - 13-09-2023

Crude oil price surpassed 88.18 level and attempts to hold above it, to stop the recently suggested negative scenario and head towards achieving expected gains in the upcoming period, noting that the next positive target is located at 90.00, while breaking 88.18 and holding below it again will reactivate the correctional bearish scenario again.

Gold price strong negative pressure to break 1913.15 level and settles below it, as it completed forming head and shoulders’ pattern that its signs appear on the chart, to turn to decline for the rest of the day, paving the way to suffer new losses that start by testing 1890.00 as a first main station, noting that the bearish bias will remain dominant unless breaching 1916.65 and holding above it.

Procter & Gamble's stock (PG) surged in the intraday levels after leaning on the main upward trend line in the medium term, while also leaning on the support of the 50-day SMA, lending the stock some positive momentum that helped it clutch those gains, with positive signals from the RSI despite reaching overbought levels.