The (crude oil) price fluctuated on its last intraday levels, waiting for entering a new bullish momentum that pushes the price to resume its gains in the upcoming period, especially after offloading its overbought conditions on relative strength indicators, amid the continuation of the dynamic support that is represented by its trading above EMA50, and under the dominance of the main bullish trend on short-term basis.

Gold price witnesses fluctuating trading on its last intraday levels, in attempt to gain bullish momentum that might help it to recover and rise again, taking advantage of its stability above $5,000, and there is a dynamic support that is represented by its trading above EMA50, besides the emergence of  positive overlapping signals on relative strength indicators, after offloading its overbought conditions, opening the way for moving higher in near term basis.

(EURUSD) continues the fluctuating trading on its last intraday levels, amid its attempts to gain bullish momentum that might help it to recover and rise again, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery in the upcoming period.

Solana (SOLUSD) price recorded a decline in its latest intraday trading, remaining under negative pressure as it continues to trade below its SMA50, which reinforces the dominance and stability of the main bearish trend, especially as price moves alongside a short-term downward sub-trend line. This comes together with continued negative signals from the Stochastic indicator.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $89.35 resistance level holds, targeting the $76.25 support level.

Today’s price forecast: Bearish