Gold rose in its recent intraday trading, amid the dominance of bullish corrective trading above EMA50, reinforcing the chances of extending these gains in the near period, especially with the emergence of positive overlapping signals on the relative strength indicators, reaching oversold levels exaggeratedly compared to the price move, which suggests the beginning of forming positive divergence.

The EURUSD pair rose in its latest intraday trading, after forming positive divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of the positive signals from them, with the continuation of the positive support that comes from its trading above EMA50, with the dominance of bullish corrective wave on the short-term basis.

Monero (XMRUSD) continued to decline in recent intraday trading as the cryptocurrency searches for a higher low that could serve as a foundation for rebuilding the positive momentum needed to resume its recovery. Despite the recent weakness, a short-term bullish corrective trend remains intact, with the latest pullback bringing the price back to support at its 50-period Simple Moving Average (SMA), a factor that enhances the prospects for a renewed advance. Meanwhile, momentum indicators have fallen into extremely oversold territory, to a degree that appears exaggerated relative to the price action, suggesting that a bullish divergence may be starting to develop.

Therefore, our outlook remains bullish for the cryptocurrency's upcoming intraday trading sessions, provided support at $310.00 holds firm. Under this scenario, the price is expected to retest the key resistance level at $331.00 in preparation for a potential breakout attempt.

Today's price forecast: Bullish.

PVH Corp. (PVH) moved lower in recent intraday trading after successfully working off its previous oversold conditions on momentum indicators. Those indicators have now reached excessively overbought levels relative to the stock's price action, signaling a rapid loss of the positive momentum that had recently supported the stock. This development threatens the sustainability of the latest gains, particularly as a short-term bearish corrective wave remains in control. Additional downside pressure persists as the stock continues to trade below its 50-day Simple Moving Average (SMA).

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $82.30 remains intact. Under this scenario, the stock is expected to target the $69.15 support level.

Today's price forecast: Bearish.