The (Gold) rose in its last trading on the intraday trading, after a bearish journey for to look for a higher low to take it as a base to assist it to gain the required positive momentum to recover, which makes the (RSI) indicators reach to oversold levels, suggesting the beginning of forming a positive divergence, which will support the price recovery, amid the continuation of the dynamic pressure due to its trading above EMA50.
The (EURUSD) declined in its last trading on the intraday trading, to gather the gains of its last rises, attempting to offload some of its clear overbought conditions on the (RSI), especially, with the beginning of negative overlapping signals on them, gathering its positive strength that might assist it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and trading alongside a bias line.
Hedera's price rose in latest intraday trading and retested the resistance of $0.16164, amid the dominance of the main downward trend in the short term, with negative pressure due to trading below the 50-candle SMA, while a negative divergence forms in the Stochastic after reaching overbought levels compared to the price's movement.
Therefore we expect the price to fall in upcoming trading as long as the resistance of $0.16164 holds on, targeting the important support of $0.15016.
Today’s price forecast: Bearish
Zcash's currency price rose in latest intraday trading amid attempts to recoup some recent losses with the dominance of the downward correctional trend in the short term, while also impacted by trading below the 50-candle SMA, while the Stochastic reached overbought levels compared to the price's movement, hinting at negative divergence.
Therefore we expect the price to fall in upcoming trading as long as the resistance of $46.35 holds on, targeting the support of $39.80.
Today’s price forecast: Bearish