Crude Oil rose in its last intraday trading, due to the stability of the support level at $70.00, which was a price target in our previous analysis, providing some bullish momentum to begin an attempt to offload some of it clear oversold conditions on the relative strength indicators, and recovering part of its previous losses, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, reducing the chances of full recovery on the near-term basis.

Gold deepened its losses during its latest intraday trading, to reach the main psychological support at $4,000, which was our last expected target, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading above EMA50, on the other hand, we notice forming positive divergence on the relative strength indicators, with the emergence of the positive signals from them, which makes us witness some limited upside rebounds, which target recovering some of the previous losses.

The EURUSD pair rose in its recent intraday trading, due to the stability of the support level at 1.1330, which represents our expected target, providing some bullish momentum to recover some of its previous losses, and it attempts to offload its oversold conditions on the relative strength indicators, especially with the emergence of the positive signals from them, amid the dominance of the main bearish trend on the short-term basis.

Cardano (ADAUSD) extended its losses in recent intraday trading, breaking below the key support level at $0.1390. The primary short-term bearish trend remains firmly in control, with price action continuing to move along a descending trendline that supports the current downtrend. Additional downside pressure stems from the cryptocurrency's continued trading below its 50-period Simple Moving Average (SMA), reinforcing the negative outlook. Meanwhile, momentum indicators have started to generate a bearish crossover after the price successfully worked off its oversold conditions, opening the door for further losses in the near term.

Therefore, our outlook remains negative for the cryptocurrency's upcoming intraday trading sessions, particularly if the break below $0.1390 is confirmed. Under this scenario, the next downside target is seen at the $0.1275 support level.

Today's price forecast: Bearish.