The (crude oil) rose in its last intraday trading, reaching the resistance of EMA50, accompanied by retesting the bullish trend line on the short-term basis, amid the emergence of the negative signals on the (RSI), after reaching overbought levels.
The (Gold) rose in its last intraday trading, due to its lean on the support of its EMA50, providing positive momentum that assisted in achieving the strong gains, to surpass the resistance of EMA50, surpassing its negative pressure, with the beginning of positive overlapping signals on the (RSI) after reaching oversold levels.
The (EURUSD) settled high in its last intraday levels, after it succeeded in recovering some of its losses, amid the dominance of the bearish correctional trend on the short-term basis, and its trading alongside a trend line that keeps the stability of the trend, with the emergence of the negative signals on the (RSI), after the price success in offloading its overbought conditions.
Sui (SUIUSD) rose in its latest intraday trading, supported by the prevailing short-term uptrend and movement along an upward slope. Positive pressure continues from trading above the 50-day SMA, and in addition, a positive divergence has started to form on the Stochastic after it reached extremely oversold levels—exaggerated relative to price action—with early positive signals beginning to appear.
Therefore we expect the token to rise in upcoming intraday trading as long as the support level at $3.7470 holds, targeting the resistance level at $4.2967.
Today’s price forecast: Bullish