(Gold) rose in its last intraday trading, approaching from recording new all-time highs, supported by the emergence of positive signals from relative strength indicators, after offloading overbought conditions, opening the way for rising, especially with the dominance of the main bullish trend and its trading alongside minor trend line on the short-term basis that supports this track, besides the continuation of the positive pressure that comes from its trading above its EMA50.

(EURUSD) price extended its gains in its last intraday trading, supported by its continuous trading above EMA50, with the emergence of positive signals from the relative strength indicators, after forming positive divergence, affected by breaching bearish corrective trend line on a short-term basis.

Ethereum Classic (ETCUSD) price recorded a decline in its latest intraday trading, amid continued negative pressure from trading below its SMA50, as the price currently prepares to break the key support level at $11.40. This comes under the dominance of the main downward trend, with price action moving within a steep short-term minor wave, alongside incoming negative signals from the RSI after it reached extremely overbought levels.

Therefore we expect the cryptocurrency price to decline in upcoming intraday trading, especially if it breaks below the $11.40 support level, to target the next support at $10.80.

Today’s price forecast: Bearish

Bank of America Corporation (BAC) stock price recorded a pullback in its latest intraday trading, as the stock remains affected by previously breaking below a short-term upward minor trend line. This comes amid continued negative pressure from trading below its SMA50, which limits the stock’s recovery prospects in the near term. However, on the other hand, positive signals have begun to emerge from the RSI after it reached extremely oversold levels, which helped curb the stock’s recent losses.

Therefore we expect the stock price to decline in upcoming trading, as long as the $54.30 resistance level remains intact, to target the first support at $51.00.

Today’s price forecast: Bearish