Crude Oil prices witnessed fluctuated trading in recent intraday trading, attempting to gain bullish momentum that might help it to recover, especially with its stability at EMA50’s support, reinforcing the chances of its rise again, amid the dominance of the main bullish trend on short-term basis, with the beginning of forming positive divergence on the relative strength indicators after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them.

Gold price continues its fluctuating moves in its recent intraday levels, leaning on EMA50’s support, amid its attempts to gain bullish momentum that might help it to recover and rise again, amid the dominance of the bullish trend on the short-term basis, on the other hand, we notice the emergence of negative overlapping signals from the relative strength indicators, after offloading its oversold levels, which pushed negatively on its last trading and obstructed its recovery.

The EURUSD price slipped lower in its last intraday trading, reaching our morning expected target at 1.1675 support, affected by breaking main bullish trend line on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, besides the emergence of the negative signals from the relative strength indicators, after offloading its oversold levels.

Ripple (XRPUSD) price jumped sharply higher in its latest intraday trading after the support level at $1.4100 held firm, which provided the price with positive momentum that was reinforced by continued positive signals from the Stochastic indicators after reaching deeply oversold levels, as the price managed through this rise to overcome the negative pressure from its 50-day SMA, strengthening the chances of extending its gains in the near term.

Therefore we expect the digital currency price to rise in its upcoming intraday trading, as long as it remains above the $1.4100 support level, targeting the key resistance level at $1.5000.

Today’s price forecast: Bullish