(Gold) declined in its last intraday trading, surpassing the support of its EMA50, putting it under negative pressure in the upcoming trading, looking for rising low to help it gain the required positive momentum for its recovery, amid the dominance of the main bullish trend on the short-term basis and its trading alongside trend line.

The (EURUSD) slipped lower in its last intraday trading, to break minor bullish corrective trend line on the short-term basis, which puts it under negative pressure in the upcoming period, especially with the emergence of the negative signals on the relative strength indicators, surpassing the support of its EMA50.

Dogecoin (DOGEUSD) held higher in its latest intraday trading as the price attempts to shed the negative pressure of the 50-day SMA, signaling recovery under the dominance of a short-term corrective ascending wave. Positive signals continue to flow from the RSI indicators, which strengthens the likelihood of the price extending its gains in the upcoming movement.

Therefore we expect the cryptocurrency to rise in its upcoming intraday trading, as long as it remains above the support level of 0.1365, targeting the pivotal resistance level of 0.1525.

Today’s price forecast: Bullish

Ethereum Classic (ETCUSD) declined slightly in its latest intraday trading after the price collided with the resistance of its 50-day SMA, coinciding with the early emergence of a negative crossover on the RSI indicators after they reached extremely overbought levels. This comes under the dominance of the main short-term descending trend, which further intensifies the negative pressure surrounding the price.

Therefore we expect the cryptocurrency to decline in its upcoming intraday trading, targeting the pivotal support level of 12.80, while noting that upside movement remains possible if the price is able to shed its current negative pressure.

Today’s price forecast: Neutral