(Gold) declined in its last intraday trading, attempting to gather the gains of its previous rises, attempting to gain bullish momentum that might help it to recover and rise again, attempting to offload some of its overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, amid the dominance of the main bullish trend on the short-term basis and its trading alongside main and minor trend lines.

The (EURUSD) declined in its last intraday trading, after reaching our expected target at 1.1650 resistance, with the beginning of forming negative divergence on the relative strength indicators, pushing the price to settle below the resistance, amid the dominance of bullish corrective wave on the short-term basis and its trading alongside supportive trend line for this trend.

Solana (SOLUSD) remained sharply lower in its latest intraday trading, amid continued negative pressure from trading below its 50-day SMA, which reinforces the stability and dominance of the main short-term descending trend, especially with the price moving alongside a secondary trendline supporting this bearish structure. Negative signals also continue to appear on the RSI indicators despite reaching extremely oversold levels.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level of 134.60, targeting the pivotal support level of 121.85.

Today’s price forecast: Bearish

Stellar (XLMUSD) continued declining in its latest intraday trading under the dominance of the main short-term descending trend, with the price moving alongside a secondary trendline that supports this bearish structure. The cryptocurrency also remains pressured by trading below its 50-day SMA, which limits its near-term recovery prospects. In addition, negative signals persist on the RSI indicators despite their presence in extremely oversold levels, indicating strong bearish momentum surrounding the price.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below 0.2400, targeting the pivotal support level of 0.2200.

Today’s price forecast: Bearish