The (crude oil) price rose in its last intraday trading, amid the dominance of the main bullish trend on short-term basis, supported by its trading alongside supportive trend line for this path, besides the continuation of its trading above EMA50, providing supportive base that reinforces its intraday gains, on the other hand, we notice the emergence of negative overlapping signals on the relative strength indicators, after offloading its oversold conditions, which obstructs its improvement in the upcoming period.

Gold’s price declined in its last intraday trading, surpassing the main psychological support level at $5,000, amid the continuation of the negative pressure due to its trading below EMA50, with its trading alongside bearish trend line on short-term basis, besides the emergence of the negative signals from the relative strength indicators, after forming negative divergence that intensified the pressure on the last moves of the price.  

(EURUSD) prices settle in a rise in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after offloading their overbought conditions, to retest the key resistance level of 1.1530. accompanied by reaching EMA50’s resistance, and testing minor bearish trend line on short-term basis, making this area represents a key resistance that might detect the upcoming near trend.

Stellar (XLMUSD) price is holding on to sharp and sudden losses in its latest intraday trading, despite the dominance of a short-term bullish wave, with price moving alongside a supporting trendline, supported by its continued trading above its 50-day SMA, which enhances the chances of a near-term recovery. Through this performance, the price is attempting to gain positive momentum that may help it recover and rise again, while also trying to unwind its previously evident overbought conditions on the RSI, especially as negative signals begin to emerge.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as it remains stable above the support level at $0.1670, targeting the key resistance level at $0.1845.

Today’s price forecast: Bullish