Gold price extended its gains in its last intraday trading, amid the dominance of bearish corrective wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, which reduces the chances of sustainable recover on near-term basis, especially with the relative strength indicators reaching overbought levels, exaggeratedly compared to the price move.

(EURUSD) settles on gains in its last intraday trading, to settle above 1.1800, supported by the emergence of the positive signals from relative strength indicators, on the other hand, the negative pressure continues due to its trading below EMA50, reinforcing stability and dominance of the bearish corrective trend on short-term basis.

DOGEUSD price recorded gains in its latest intraday trading, supported by incoming positive signals from the RSI, as the price attempts to recover part of its previous losses. However, negative pressure remains in place due to continued trading below its SMA50, which reinforces the stability and dominance of the main short-term downtrend, with price action moving along a trend line supporting this bearish path.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as it remains below the $0.1014 resistance level, to target the $0.0790 support level.

Expected trading trend: Bearish

Cisco Systems, Inc. (CSCO) stock price recorded gains in its latest intraday trading, supported by continued trading above its SMA50, which provides dynamic support and reinforces the stability and dominance of the main medium-term upward trend, with price action moving along a supportive trend line. However, negative signals are beginning to appear on the RSI after reaching overbought territory, which may limit part of the upcoming gains.

Therefore we expect the stock price to rise in upcoming trading, as long as it remains above the $80.00 support level, to target the first resistance at $85.75.

Today’s price forecast: Bullish