Ethereum (ETHUSD) rose in its last trading on the intraday levels, supported by the emergence of the positive signals on (RSI), and continued positive support due to its trading above EMA50, and under the domination of the bullish correctional trend on the short- term basis and its trading alongside the bias line.

This rise comes within the continuous attempts of the price to breach the key stubborn resistance level at $1,800, to settle above it now, but we need a strong close to confirm this breach.

Therefore, our expectations suggest more of the upside moves in the upcoming intraday trading, conditioned by the stability above $1,800, to target the next main resistance level at $1,900

The expected trading range is between $1,740 support and $1,850 resistance.

Today’s forecast: Bullish

Crude oil continued its rally in its last trading on the intraday levels, supported by some positive technical factors, initially, its lean on a strong dynamic support for the EMA50, which succeeded in containing the previous declines and provided a new rising base that supported the continuation of the upside movement.

This positive action comes amid the domination of the main bullish trend on the short-term basis, and the trading alongside a bullish bias line that reflects the organized bullish movement and the powers balance for the investors interest, which supported the possibilities for the continuation of this bullish track in the near period, with the emergence of the positive signals on the (RSI).

Therefore, our expectations suggest more of the upside moves in the upcoming intraday trading, conditioned by the stability of the support level at $93,00, to target the resistance level at $97,400

The expected trading range is between $93,00 support and $97,400 resistance.

Today’s forecast: Bullish

Crude oil continued its strong decline in its last trading on the intraday levels, to break the support level at $58.80 and settle below this level as a signal for confirming breaking it, which suggests the extension of the bearish wave soon.

This sharp negative performance within the price stability under the domination of the main bearish trend on the short-term basis and alongside a bias line, accompanied with the trading below EMA50, which reinforces the strength of the bearish trend, the continuation of the bearish signals on the (RSI) decelerates the negative pressures, despite its stability within exaggerated oversold levels.

Therefore, our expectations suggest the continuation of the price decline in the upcoming intraday trading, especially if the price settles below $58.80, to target the critical support level at $56.70.

The expected trading range is between $56.70 support and $58.80 resistance.

Today’s forecast: Bearish

Gold price declined sharply in its last trading on the intraday levels, after the increase of the negative technical pressures that exhausted it and pushed it to suffer more losses, the decline came because of the selling pressure that was caused by its trading below EMA50.

This decline led to breaking a minor bullish trend line on the short-term basis, which represented extra negative signal for losing a big portion of its previous positive momentum and provided confirming signal for the continuation of extended bearish correctional wave.

Therefore, our expectations suggest more of the downside moves in the upcoming intraday trading, if the price settles below $3,300, to target the support level at $3,200.

The expected trading range is between $3,200 support and $3,300 resistance.

Today’s forecast: Bearish