Gold price slipped lower in its last intraday trading, leaning on our morning mentioned potential target at $5,000 key support, affected by breaking minor bullish trend line on short-term basis, reinforcing the strength of the selling pressures, the price is under extra dynamic pressure due to the continuation of its trading below EMA50, indicating a negative reversal in the short-term momentum.

(EURUSD) kept declining in its last intraday trading, reaching our last target at 1.1530 support, amid the dominance of the main bearish trend on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the emergence of negative signals from relative strength indicators, despite reaching oversold levels.

Zcash (ZECUSD) price recorded a decline in its latest intraday trading, amid continued negative dynamic pressure as it trades below its 50-day SMA, reinforcing the stability and dominance of the main short-term bearish trend, especially with movement alongside a minor trendline supporting this path. In addition, the Stochastic indicator shows negative signals after reaching overbought levels.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as resistance at $233.60 remains intact, targeting the key support level at $203.20.

Today’s price forecast: Bearish

Monster Beverage Corporation (MNST) stock price recorded a decline in its latest intraday trading, as the stock attempts to gain positive momentum that could help it recover and move higher again. At the same time, the price is trying to ease part of its clear overbought conditions on the Stochastic indicator, especially with the emergence of negative signals. This pullback has brought the stock to test support at its 50-day SMA, while the main short-term bullish trend remains dominant with price moving alongside a supporting trendline.

Therefore we maintain a neutral outlook for the stock’s upcoming trading sessions, provided that the current support level at $79.75 holds, with the price targeting the resistance level at $87.35.

Today’s price forecast: Neutral