The (crude oil) price rose in fluctuated trading on its last intraday levels, after reaching $58.70 resistance, which represents our expected target previously, attempting to gain bullish momentum to help it breach this resistance, leaning on EMA50’s support, gaining bullish momentum that help it to rebound quickly amid the dominance of the bullish corrective trend on the short-term basis.

(Gold) declined in the last intraday trading, attempting to offload some clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals, gathering its positive strength that might help it to rise again, amid the continuation of the positive support due to its trading above EMA50, and under the dominance of the main bullish trend on the short-term basis.

The (EURUSD) declined in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis, with its trading alongside supportive trend line, with the continuation of the negative pressure due to its trading below EMA50, reducing the chances of its recovery on the near-term basis, noticing the emergence of the negative signals on the relative strength indicators after forming negative divergence.

Stellar (XLMUSD) price recorded gains in its latest intraday trading, after the price managed to take profits and regain some positive momentum under the control of a very strong short-term upward sub-wave. The price had also previously succeeded in unwinding its clear overbought conditions on the RSI, which gives it wider room to achieve further gains in the near term.

Therefore we expect the cryptocurrency price to rise in upcoming intraday trading, as long as it remains stable above the $0.2400 level, to target the key resistance at $0.2610.

Today’s price forecast: Bullish