The (Gold) price slipped lower in its last intraday trading, to witness profit taking after a long marathon, and it attempts to offload the clear overbought conditions on the relative strength indicators, especially with the emergence of the negative signals from there, but the price takes advantage of the dynamic support that is represented by its trading above EMA50.

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The (EURUSD) settled with sharp decline in its last intraday trading, amid the emergence of negative signals on the relative strength indicators, after reaching overbought levels, to break the current support at 1.1675, increasing the negative pressure, on the other hand, the price takes advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of bullish corrective wave on the short-term basis.

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Ripple (XRPUSD) advanced slightly in its latest intraday trading, attempting to recover part of its previous losses while also working off its clearly oversold levels shown by the relative strength indicators, especially amid the start of positive signals emerging from them. However, ongoing dynamic pressure from trading below the 50-day SMA reduces the chances of a near-term recovery, while the main short-term bearish trend remains dominant, with trading along a descending line that reinforces this direction.

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $2.5397 holds, targeting the support level of $1.7710.

Today’s price forecast: Bearish.

Dogwifhat (WIFUSD) settled lower in its latest intraday trading, as the main short-term bearish trend remains dominant with trading along a descending line that supports this direction. Continuous negative pressure persists from trading below the 50-day SMA. However, positive signals have begun to appear from the relative strength indicators after reaching extremely oversold levels, which may help limit the cryptocurrency’s upcoming losses.

Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.61967 holds, targeting the support level of $0.15406.

Today’s price forecast: Bearish.