Crude oil prices rose during recent intraday trading, supported by the emergence of the relative strength indicators, to reach the resistance of EMA50, which threatens the last gains by negative rebound if this level stabilizes, especially with the dominance of the bearish corrective trend on the short-term basis, and the price movement alongside supportive trend line supports this path until this moment.

Gold prices declined during recent intraday trading, despite the emergence of the positive signals from the relative strength indicators, after reaching oversold levels, and it didn’t affect the price move, as a signals for the dominance of the sellers, amid the dominance of the main bearish trend on the short-term basis, with the price movement alongside supportive trend line for this path.

The EURUSD pair witnessed mixed trading during its latest intraday trading, benefiting from the emergence of positive signals from the relative strength indicators, helping it to face the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on short-term basis, with its trading alongside supportive trend line for this path.

Dogecoin (DOGEUSD) price has been trading in a volatile manner during its latest intraday sessions, while remaining under continued negative pressure from trading below its 50-day SMA. This reinforces the stability and dominance of the main short-term bearish trend, with the price moving alongside a trend line supporting this path. In the background, negative signals continue to emerge from the Stochastic indicators after they previously reached deeply overbought levels.

Therefore we expect the digital currency price to decline in its upcoming intraday trading, as long as it remains below the $0.0865 resistance level, targeting the $0.0770 support level.

Today’s price forecast: Bearish.