(Gold) fluctuated on the last intraday levels, to gather its bullish, momentum that might help it to recover and rise again, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of the main bullish trend on the short-term basis, accompanied by the emergence of the positive signals from the relative strength indicators.
The (EURUSD) declined in its last intraday trading, breaking 1.1655 support, this support represents our expected target, amid its trading within bearish corrective channel’s range that limits its previous trading on short-term basis, with the continuation of the negative pressure due to its trading below EMA50, on the other hand, we notice the emergence of positive overlapping signal on the relative strength indicators, after reaching oversold levels, which might reduce the losses temporarily.
Litecoin (LTCUSD) price recorded stability on gains in its latest intraday trading, as the price attempts to recoup part of its previous losses while also trying to unwind some of its clear oversold conditions on the RSI, especially with the beginning of incoming positive signals. However, the price remains under continued negative pressure from trading below its SMA50, which limits recovery prospects in the near term, particularly under the dominance of the main downward trend, with price action moving along a short-term minor trend line.
Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, as long as the $76.95 resistance level remains intact, to target the $72.35 support level.
Today’s price forecast: Bearish
Oklo Inc. (OKLO) stock price recorded a pullback in its latest intraday trading, following the stabilization of the important resistance level at $110.00. The stock took profits from its previous gains while attempting to unwind part of its clear overbought conditions on the RSI, especially with incoming negative signals. With this decline, the stock has leaned on the support of its SMA50, while remaining influenced by a positive short-term technical structure in the form of a falling wedge pattern.
Therefore we expect the stock price to rise in upcoming trading, as long as the $85.80 support level holds, to retest the $110.00 resistance level in preparation for another attempt to break above it.
Today’s price forecast: Bullish