Gold kept rising in its recent intraday trading, despite the beginning of the negative signals’ emergence from the relative strength indicators, after reaching overbought levels, which didn’t affect the price action, as a strong signals for the strength of the positive momentum, affected by breaching a main bearish trend line on the short-term basis, with a positive support due to its trading above EMA50, reinforcing the chances of extending these gains in the near upcoming period.

The EURUSD pair declined in its latest intraday trading, after offloading its oversold conditions on the relative strength indicators, putting it under continued negative pressure that comes from its trading below EMA50, which represents dynamic resistance that reduces the chances of full recovery in the near upcoming period, especially with the dominance of the main bearish trend on the short-term basis.

Monero (XMRUSD) pulled back in recent intraday trading as the cryptocurrency attempts to rebuild positive momentum that could support a renewed advance. The price remains within a short-term bullish corrective trend, continuing to move alongside an ascending trendline that reinforces the prevailing positive bias. In addition, Monero continues to trade above its 50-period Simple Moving Average (SMA), which is acting as dynamic support. Meanwhile, momentum indicators have moved into deeply oversold territory relative to the price action after successfully working off their previous overbought conditions, signaling that fresh bullish momentum may be building to support the next leg higher.

Therefore, our outlook remains bullish for the cryptocurrency's upcoming intraday trading sessions, particularly if it breaks above the current resistance level at $352.00. Under this scenario, the price is expected to target the next resistance level at $365.00.

Today's price forecast: Bullish.

Salesforce (CRM) moved lower in recent intraday trading after encountering resistance at its 50-day Simple Moving Average (SMA), which placed renewed selling pressure on the stock. Momentum indicators have also started generating fresh bearish signals after reaching extremely overbought levels. Meanwhile, the primary short-term downtrend remains firmly in control, with price action continuing to track a descending trendline that reinforces the prevailing bearish trend.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $174.55 remains intact. Under this scenario, the stock is expected to target its first support level at $156.50.

Today's price forecast: Bearish.