Gold price witnesses fluctuating trading on its last intraday levels, in attempt to gain bullish momentum that might help it to recover and rise again, taking advantage of its stability above $5,000, and there is a dynamic support that is represented by its trading above EMA50, besides the emergence of positive overlapping signals on relative strength indicators, after offloading its overbought conditions, opening the way for moving higher in near term basis.
(EURUSD) continues the fluctuating trading on its last intraday levels, amid its attempts to gain bullish momentum that might help it to recover and rise again, with the emergence of negative signals from relative strength indicators, after reaching overbought levels, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the chances of the price recovery in the upcoming period.
Solana (SOLUSD) price recorded a decline in its latest intraday trading, remaining under negative pressure as it continues to trade below its SMA50, which reinforces the dominance and stability of the main bearish trend, especially as price moves alongside a short-term downward sub-trend line. This comes together with continued negative signals from the Stochastic indicator.
Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $89.35 resistance level holds, targeting the $76.25 support level.
Today’s price forecast: Bearish
Alphabet Inc. (GOOG) stock price recorded a slight rise in its latest intraday trading, after rebounding from support at its SMA50, coinciding with a test of a short-term upward sub-trend line, which provided modest positive momentum and helped the stock achieve those gains. This comes as the Stochastic reached deeply oversold levels and is beginning to show signs of a positive crossover.
Therefore we expect the stock price to rise in upcoming trading, as long as the $297.45 support level holds, to target the key resistance at $350.75.
Today’s price forecast: Bullish