Gold price confirmed breaching 2640.00$ level to rally towards achieving more rise on the intraday basis, opening the way to visit 2700.00$ as a next positive target, noting that the continuation of the bullish wave requires holding above 2640.00$.

The EURUSD price declined strongly to succeed achieving our second waited target at 1.0250$, and the way seems open to surpass this level to extend the bearish wave towards 1.0170$ areas as a next negative station, noting that the continuation of the bearish trend requires holding below 1.0380$.

Avalanche’s currency price (AVAXUSD) rose in the intraday levels, buoyed by positive signals from the RSI, while trying to vent off oversold saturation, as it recouped some recent losses, amid the dominance of the downward secondary wave in the short term, with negative pressure due to trading below the 50-day SMA. 

Therefore we expect the price to return lower, targeting the support of $33.00, provided the resistance of $42.00 holds on.

Trend forecast for today: Likely Bearish 

Algorand’s currency price (ALGOUSDF) extended its gains in the intraday levels, shaking off the negative pressure of the 50-day SMA, amid the dominance of the upward short-term trend, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more gains for the price, provided the current resistance of $0.4134 was reliably breached, thus targeting the pivotal resistance of $0.6133.

Trend forecast for today: Bullish