The (crude oil) witnessed fluctuated trading in its last intraday trading, attempting to gain a positive momentum that might assist keeping the main bullish trend on the short-term basis amid its trading alongside a bias line, with the continuation of the positive pressure that come from its trading above EMA50, besides the beginning of positive overlapping signals on the (RSI), after its success to offload the overbought conditions.

The (Gold) keeps its fluctuated trading in its last intraday trading, with its stability above the support of $3,380, the positive pressure continues due to its trading above EMA50, and under the bullish correctional trend on the short-term basis and its trading alongside a bias line, noticing the emergence of the positive signals on the (RSI).

The (EURUSD) rose in its last trading on the intraday trading, taking advantage of the dynamic support that is represented by its trading above its EMA50, with the emergence of the positive signals on the (RSI), after reaching oversold levels, amid the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line.

EOS/USD price fell in latest intraday trading, amid the dominance of the main upward trend in the short term, with ongoing negative pressure due to trading below the 50-day SMA, coupled with negative signals from the Stochastic despite reaching oversold levels. 

Therefore we expect the price to fall and target the pivotal support of $0.4390, provided it settles below the resistance of $0.5568.

Today’s price forecast: Bearish