Crude oil prices kept declining in its recent intraday trading, in attempt to look for higher low to take it as a base to help it gain the required positive momentum for its recovery, amid the emergence of the negative signals from the relative strength indicators, to lean at $101.50 support, amid the continuation of the dynamic support that is represented by its trading above EMA50, which reinforces the stability and dominance of the main bullish trend on the short-term basis.

Gold settles onto strong gains during its recent intraday trading, to test minor bearish trend line on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, which reduces the chances of full recovery on the near period, especially with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of negative crossover.

The EURUSD price extended its strong gains during its recent intraday trading, supported by the emergence of the positive signals from the relative strength indicators, to exit bearish corrective channel’s range that limits its previous trading on short-term basis, gaining more bullish momentum that helped it to surpass EMA50, to get rid of its negative pressure and intensifies the chances of reinforcing these gains in the upcoming near period.

Litecoin (LTC/USD) price rose in its latest intraday trading, attempting to break free from the negative pressure of the 50-day SMA. This move is driven by the emergence of positive signals from the Stochastic indicator, following the formation of a positive divergence that enhances the chances of extending price gains in the near future. This occurs while the main short-term bullish trend remains dominant, as the price moves alongside a trendline supporting this path.

Therefore, our expectations indicate a rise in the cryptocurrency price during its upcoming intraday trading, provided the support level at 54.45 remains intact, targeting the key resistance level at 56.30.

Expected trend for upcoming trading: Bullish