The (crude oil) price rose in its last intraday trading, after offloading its overbought conditions on the relative strength indicators with the return of the positive signals emergence, benefiting from the stability of the support at $90.00, amid the continuation of the positive support that comes from its trading above EMA50, under the dominance of the main bullish trend on short-term basis.

Gold’s price declined in its last intraday trading, amid the continuation of its trading below EMA50, with the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold conditions, intensifying the negative pressure, to lean on minor bullish trend line on the short-term basis, as a last chance for gaining the positive momentum that might help it to recover and rise again.

(EURUSD) price kept declining in its last intraday trading, to surpass 1.1520 support level, which represents a price target in our morning analysis, amid the dominance of the main bearish trend with its trading alongside minor trend line, with the continuation of the negative pressure due to its trading below EMA50, with the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold levels.

Ethereum Classic (ETCUSD) price recorded a decline in its latest intraday trading, amid continued negative pressure resulting from trading below its 50-day SMA, which reinforces the stability and dominance of the main bearish trend, especially with price moving alongside a short-term minor trendline supporting this path. In addition, the Stochastic indicator is showing negative signals, which increases the surrounding downside pressure.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $8.40 remains intact, targeting the key support level at $7.85.

Today’s price forecast: Bearish