(Gold) declined in the last intraday trading, affected by reaching the resistance of EMA50, which put it under negative pressure, keeping the bearish corrective wave dominant, affected by breaking minor bullish trend line on the short-term basis previously, after offloading its oversold conditions on the relative strength indicators.

The (EURUSD) slipped lower in its last intraday trading, breaking main bullish trend line on the short-term basis, putting it under negative pressure, which led it to surpass EMA50’s support, intensifying the negative pressure, especially with the emergence of the negative signals from the relative strength indicators, after offloading its oversold conditions.

XRPUSD edged slightly higher in its latest intraday trading, driven by positive signals from the RSI after reaching deeply oversold levels, as the price attempts to unwind this oversold condition. However, downside pressure remains in place due to trading below its 50-period SMA, which reinforces the dominance of the main bearish trend in the short term, especially with price action moving alongside a supporting downward trendline.

Therefore we expect the cryptocurrency price to decline in the upcoming intraday trading, as long as resistance at 1.9110 holds, to target the key support level at 1.7890.

Today’s price forecast: Bearish

Litecoin (LTCUSD) retreated in its latest intraday trading, rebounding once again from support at its 50-period simple moving average, as the price attempts to build positive momentum that could support a recovery and renewed upside. This comes amid the dominance of a short-term corrective bullish wave, with price action moving alongside a supportive trendline, in addition to positive signals emerging from the RSI.

Therefore we expect the cryptocurrency price to rise in the upcoming intraday trading, provided that support at 76.50 holds, to target the key resistance level at 80.15.

Today’s price forecast: Bullish