The (Gold) declined in its last intraday trading, to lean on the support of its EMA50, amid its attempts to gain bullish momentum that might assist it to recover and rise again, amid the dominance of the main bullish trend and its trading alongside a minor bias line on the short-term basis.

The (EURUSD) declined in its last intraday trading, to break the support level that represented our morning target at 1.1635, amid the dominance of the bearish correctional trend on the short-term basis and its trading alongside a bias line, with the continuation of the negative pressure due to its trading below EMA50.

Stellar’s currency price (XLMUSD) declined in latest intraday trading, after holding below the current resistance level of $0.514783, as the price takes profits from recent gains. At the same time, it attempts to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This could allow the price to gather positive momentum once again, amid the dominance of a strong short-term upward correctional wave.

Therefore we expect the currency to rise in upcoming intraday trading, especially if it breaks above the mentioned resistance of $0.514783, targeting the pivotal resistance level of $0.605416.

Today’s price forecast: Bullish

Avalanche’s currency price (AVAXUSD) edged slightly lower in latest intraday trading, as it attempts to gather positive momentum that may support a new upward move. At the same time, it’s working to vent off some of its apparent overbought saturation on the Stochastic, especially with negative signals starting to emerge. This comes amid continued positive pressure from trading above the 50-period SMA, and under the dominance of a short-term upward correctional trend, with trading along a rising trend line.

Therefore we expect the currency to rise in upcoming intraday trading, as long as it remains above $18.43, targeting the pivotal resistance level of $26.84.

Today’s price forecast: Bullish