(Gold) settled on a decline in its last intraday trading, attempting to gather the gains of its previous rises, and attempts to offload its overbought conditions on the relative strength indicators, gathering its bullish momentum that might help it to recover and rise again, amid the dominance of the main bullish trend on the short-term basis and its trading alongside supportive trend line for this track.

The (EURUSD) declined on its last trading in the intraday basis, after reaching our expected- morning target at 1.1800, attempting to gain bullish momentum that might help it to breach this resistance, and attempts to offload some overbought conditions on the relative strength indicators, amid the dominance of the bullish trend on the short-term basis and its trading alongside trend line.

Dogecoin (DOGEUSD) declined in its latest intraday trading, as the main bearish trend continues to dominate the short term, with price action moving alongside a minor downward trendline that supports this path. Negative signals are coming from the RSI, despite reaching deeply oversold levels, while the price has started to break below its 50-period SMA, exposing it to additional downside pressure in the near term.

Therefore we expect the cryptocurrency price to decline further in the upcoming intraday trading, as long as resistance at 0.1345 holds, to target the first support level at 0.1255.

Today’s price forecast: Bearish

Ethereum Classic (ETCUSD) declined in its latest intraday trading, remaining under persistent negative pressure as it continues to trade below its 50-period SMA, which prevented the price from recovering during its previous movements. This comes amid the dominance of the main bearish trend in the short term, with price action moving alongside a minor downward trendline, reinforcing the stability of this negative path. At the same time, negative signals continue to emerge from the Stochastic indicator, despite its presence in extremely oversold levels.

Therefore we expect the cryptocurrency price to decline further in the upcoming intraday trading, especially if it breaks below the current support at 11.90, to target the key support level at 11.45.

Today’s price forecast: Bearish