The (Gold) price rose in its last intraday trading, due to the stability of the support at$4,050, gaining bullish momentum that helped it to achieve these gains, especially with the emergence of positive signals on the relative strength indicators, after reaching oversold levels, amid the continuation of the negative pressure that comes from its trading below EMA50, under the dominance of the bearish pressure that comes from its trading below EMA50, and under the dominance of bearish corrective wave on the short-term basis.
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The (EURUSD) settled high in its last intraday trading, testing the critical resistance level at 1.1630, accompanied by hitting the resistance of the EMA50, amid the dominance of the main bearish trend and its trading alongside trendline, with the emergence of the negative signals on the relative strength indicators, after reaching overbought levels.
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Alchemy Pay (ACHUSD) declined in its latest intraday trading after encountering resistance at the 50-day SMA, under the dominance of the main short-term bearish trend. A bearish divergence has started to form on the relative strength indicators after reaching excessively overbought levels compared to the price movement, accompanied by the early appearance of a bearish crossover, which reinforces the negative outlook.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.013855 holds, targeting the key support level of $0.011940.
Today’s price forecast: Bearish.
Alpha Quark Token (AQTUSDT) settled higher in its latest intraday trading, supported by positive signals from the relative strength indicators as the price attempted to recover part of its previous losses. However, this rise brought it to test resistance at the 50-day SMA, exposing it to renewed negative pressure, which is further reinforced as the relative strength indicators reach extremely overbought levels compared to the price movement.
Therefore, we expect the cryptocurrency to decline in its upcoming intraday trading as long as the resistance level of $0.8190 holds, targeting the key support level of $0.7344.
Today’s price forecast: Bearish.