Gold price experienced some downside moves in its last intraday trading, amid its trading alongside bullish corrective trend line on short-term basis, supported by its continuous trading above EMA50, besides the emergence of the positive signals from the relative strength indicators, attempting to gain bullish momentum that might help it to recover and rise again.

(EURUSD) prices declined in their last intraday trading, in attempt to gain bullish momentum that might help it to recover and rise again, to lean on EMA50’s support, amid the dominance of bullish corrective wave on the short-term basis, with the emergence of positive signals from the relative strength indicators.

Ethereum Classic (ETCUSD) price declined in its latest intraday trading, as the price attempts to gain positive momentum that could help it recover and move higher again. This move comes with the emergence of a negative crossover in the Stochastic indicator after reaching overbought levels, representing a normal technical step to stabilize the short-term corrective bullish trend dominating price action. The cryptocurrency continues to be affected by an earlier breakout above a minor bearish trendline, alongside ongoing positive and dynamic pressure from trading above its 50-day SMA, which enhances the chances of a recovery in the near term.

Therefore we expect the cryptocurrency price to rise during its upcoming intraday trading sessions, as long as support at $8.25 remains intact, targeting the resistance level at $9.00.

Today’s price forecast: Bullish

Pinterest (PINS) stock price edged lower in its latest intraday trading, after the stock managed to ease its oversold conditions according to the Stochastic indicator during its previous movements. Consequently, the positive momentum that surrounded the stock quickly faded, amid continued negative and dynamic pressure from trading below its 50-day SMA. This reinforces the stability and dominance of the main medium-term bearish trend, with price moving alongside a short-term minor trendline supporting this path.

Therefore we expect the stock price to decline during its upcoming trading sessions, as long as resistance at $20.00 remains intact, targeting the first support level at $16.60.

Today’s price forecast: Bearish