The (crude oil) settled high in its last intraday trading, amid its attempts to breach the critical resistance level at $63.75, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish correctional wave on the short-term basis, on the other hand, we notice the emergence of the (RSI), after reaching overbought levels in an attempt to offload its overbought conditions, which reduced the price last gains.
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The (Gold) price soars high in its last intraday trading, surpassing the negative pressure on the EMA50, accompanied by breaching minor bearish trend line on the short-term basis, announcing its full recovery, supported by the emergence of the positive signals on the (RSI).
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The (EURUSD) wore green in its last intraday trading, breaching the key resistance at 1.1650, surpassing the resistance of EMA50, and announcing its full recovery, especially with the emergence of the positive signals on the (RSI), after reaching oversold levels.
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Flow (FLOWUSDT) price continued its decline in its latest intraday trading, breaking below the key support level at $0.368. The move comes under the control of a short-term corrective downtrend, with price action moving along a supporting trendline for this bearish path. Negative pressure persists as the token trades below its 50-day simple moving average, while additional downside risks are reinforced by negative signals on the RSI, after it successfully unwound its oversold levels, giving space for further losses in the near term.
Therefore, we expect the price to decline in its upcoming intraday trading, especially while it remains below $0.368, targeting its first support level at $0.348.
Today's price forecast: Bearish