(Gold) witnessed fluctuating trading on the intraday basis, amid its attempts to gain bullish momentum that may help it to attack the stubborn key resistance level at $4,225, amid the continuation of the positive pressure that comes from its trading above EMA50, with the dominance of the bullish trend on the short-term basis, besides forming positive divergence on the relative strength indicators, especially with the emergence of the positive signals.

The (EURUSD) declined in fluctuating trading in its last intraday levels, after reaching our expected target at 1.1650 resistance, amid its attempts to look for rising low to use it as a base to recover again, especially with the beginning of forming positive divergence on the relative strength indicators, with its trading within bullish corrective channel’s range on the short-term basis.

Monero (XMRUSD) held lower in its latest intraday trading, affected by a bearish technical formation on the short term—an ascending wedge pattern—alongside negative pressure from trading below its 50-day SMA. In addition, negative signals continue to appear on the RSI indicators despite their presence in 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 408.80, targeting the pivotal support level of 370.80, which represents the price target of the ascending wedge pattern.

Today’s price forecast: Bearish

Zcash (ZECUSD) declined 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. The recent decline also follows a successful relief of the coin’s oversold saturation on RSI indicators, providing more room for further losses in the near term.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, as long as it remains below the resistance level of 370.00, targeting the pivotal support level of 300.00.

Today’s price forecast: Bearish