The (Gold) price declined in its last intraday trading, after its failed to get rid of the negative pressure of the EMA50, breaking a minor bullish trend line on the short-term basis, making the bullish scenario disappear with the emergence of the negative signals on the (RSI), intensifying the negative pressure around the price.
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The (EURUSD) continued the decline in its last trading on the intraday levels, amid the emergence of negative signals on the (RSI), despite reaching oversold levels, breaking minor bullish trend line on the short-term basis, exhausting its positive chances that might help it to gain the positive momentum to recover and rise again, leaning on the support of EMA50.
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DOGECOIN (DOGEUSDT) slipped lower in its latest intraday trading, as negative signals emerged from the RSI indicators after reaching extreme overbought levels. The price is now attempting to gain positive momentum that may help it recover and rise again, supported by its 50-period SMA and its test of a short-term ascending trendline.
Therefore, we expect the currency’s price to rise in upcoming intraday trading, as long as the support at 0.21865 holds, targeting the resistance level of 0.25574 again in preparation to challenge it.
Today’s price forecast: Bullish
NEIRO (NEIROUSDT) saw sharp losses in its latest intraday trading, with the price breaking below its 50-period SMA support, exposing it to negative pressure. The short-term downtrend remains dominant, with trading occurring along a trendline that supports this bearish path, while negative signals are emerging from the RSI indicators after reaching extreme overbought levels, reinforcing this negative scenario.
Therefore, we expect the currency’s price to decline in upcoming intraday trading, as long as the resistance at 0.00045898 holds, targeting the key support level of 0.00035718.
Expected trend for the upcoming trading: Bearish