The (Gold) declined in its last intraday trading, building hopes for its rise amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the emergence of the negative signals on the (RSI), after reaching overbought levels, to surpass the support of its EMA50, intensifying the negative pressure on it.
The (EURUSD) settled low in its last intraday trading, after reaching our morning target at 1.1685 support, which helped it to settle on the intraday basis due to the stability of this support, amid the domination of bearish correctional wave on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, accompanied by the emergence of the negative signals on the (RSI), after the price success in offloading oversold conditions.
VeThor Token’s currency price (VTHOUSD) inched slightly higher in latest intraday trading, as it attempts to vent off some of its apparent oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure persists due to trading below the 50-period SMA, under the dominance of the main downward trend and further weighed by a recent break of a short-term upward correctional trend line — all of which reinforces the bearish outlook.
Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.001934 holds on, targeting the first support at $0.001826.
Today’s price forecast: Bearish
Hedera’s currency price (HBARUSD) rose in latest intraday trading, supported by ongoing positive pressure from trading above the 50-period SMA, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line. With this rise, the price is now attacking the current resistance level of 0.16118, after previously venting off its overbought saturation on the Stochastic, allowing positive signals to start emerging.
Therefore we expect the currency to rise in upcoming intraday trading, especially if it breaches the mentioned resistance of 0.16118, targeting the next resistance at 0.17530.
Today’s price forecast: Bullish