The (crude oil) price extended its gains in its last intraday trading, breaching $77.35 resistance, opening the way for targeting new resistance levels, amid the dominance of the main bullish trend on short-term basis, with the emergence of the positive signals from relative strength indicators, despite reaching overbought levels.

Gold’s price declined in its last intraday trading, to reach our morning expected target at $5,100 support, amid the continuation of the negative pressure due to its trading below EMA5, with the emergence of negative signals from relative strength indicators after offloading its overbought condition, intensifying the negative pressure on the price.

(EURUSD) declined in its last intraday trading, amid the dominance of the main bearish trend on short-term basis, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, and the negative pressure continues due to its trading below EMA50.

Litecoin (LTCUSD) price recorded a decline in its latest intraday trading, amid the emergence of negative signals from the Stochastic indicator after reaching extremely overbought levels. The price is attempting to gain positive momentum that could help it recover and move higher again, while a short-term corrective bullish trend remains dominant with price moving alongside a supporting minor trendline. The cryptocurrency also benefits from dynamic support represented by trading above its 50-day SMA, which enhances the chances of further gains in the near term.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, especially as long as it remains stable above $54.70, targeting the key resistance level at $58.50.

Today’s price forecast: Bullish