The (crude oil) jumped higher in its last intraday trading, breaching main bearish trend line on the short-term basis, accompanied by surpassing the negative pressure of the EMA50, supported by the emergence of the positive signals on the relative strength indicators, despite reaching overbought levels.

The (Gold) price declined in its last trading on the intraday basis, due to the stability of the key resistance at $4,155, attempting to gain bullish momentum that might help it to breach these resistance, attempting to offload its overbought conditions on the relative strength indicators, with the emergence of the negative signals, amid the dominance of minor bullish wave on the short-term basis and its trading alongside trend line.

The (EURUSD) rose higher in its last intraday trading, attacking the key resistance at 1.1595, this resistance represented a target in our previous analysis, supported by its continuous trading above EMA50, under the dominance of bullish corrective wave on the short-term basis and its trading alongside trendline, besides the emergence of the positive signals on the relative strength indicators.

Dogwifhat (WIFUSD) edged slightly lower in its latest intraday trading amid the emergence of negative signals on the relative strength indicators after reaching extremely overbought levels. The price is attempting to gain positive momentum that could help it recover and rise again, while a short-term corrective bullish wave remains dominant, supported by continued trading above the 50-period SMA — factors that enhance the likelihood of a rebound.

Therefore, we expect the cryptocurrency to rise in its upcoming intraday trading sessions as long as the support level of $0.36812 holds, targeting the resistance level of $0.61967.

Today’s price forecast: Bullish.