Gold price rose in its last intraday trading, to settle above the main resistance at $5,000, accompanied by surpassing EMA50’s resistance, reinforcing the chances of extending the intraday gains, especially after it succeeded in offloading some of its overbought conditions on relative strength indicators, opening the way for extending these intraday gains.

(EURUSD) surged higher in its last intraday trading, affected by short-term positive technical formation, which is represented by the double bottom pattern, to surpass the negative pressure of EMA50, supported by the positive signals from relative strength indicators, despite reaching overbought levels, to breach the current resistance at 1.1900, this resistance represents our expected target in today’s forecast update.

ETCUSD price recorded a continued decline in its latest intraday trading, under the dominance of the main short-term downtrend, with price action moving along a minor trend line supporting this bearish path. Negative pressure remains elevated due to trading below its SMA50, which increases downside risk, especially with ongoing negative signals from the RSI, despite the indicator reaching deeply oversold territory.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $8.85 resistance level remains intact, to target the main support at $7.00.

Expected trading trend: Bearish

C3.ai, Inc. (AI) stock price recorded gains in its latest intraday trading, as the stock attempts to recover part of its previous losses while unwinding its oversold conditions on the RSI, with positive signals starting to appear. However, negative pressure remains due to trading below its SMA50, which reinforces the stability and dominance of the main medium-term downtrend, with price action moving along a trend line supporting this bearish path.

Therefore we expect the stock price to decline in upcoming trading, as long as it remains below the $12.75 resistance level, to target the $8.80 support level.

Today’s price forecast: Bearish