Gold price settles in sudden gains in its last intraday trading, supported by the emergence of the positive signals from the relative strength indicators, on the other hand, the price remains under negative pressure due to its trading below EMA50, affected by the dominance of the main bearish trend on the short-term basis, reducing the chances of sustainable recovery on the near-term basis.

(EURUSD) prices returned to decline in their last intraday trading, after reaching EMA50, which put it under negative pressure, especially with the dominance of the main bearish trend on the short-term basis, besides the effect of forming negative technical formation on short-term basis (the double top pattern).

Litecoin (LTCUSD) price is holding onto sharp losses in its latest intraday trading, amid continued negative and dynamic pressure as it trades below its 50-day SMA. The price has recently broken below a main short-term bullish trendline, exposing it to further downside pressure. Meanwhile, negative signals are beginning to emerge from the Stochastic indicator after the price managed to ease its oversold conditions, giving it room to post additional losses in the near term.

Therefore we expect the cryptocurrency price to decline during its upcoming intraday trading sessions, as long as it remains below the resistance level at $54.65, targeting the key support level at $52.00.

Today’s price forecast: Bearish

ServiceNow (NOW) stock edged slightly higher in its recent intraday trading, in an attempt to recover part of its previous losses, while also trying to ease some of its oversold conditions in the Relative Strength Index, especially with the emergence of a positive crossover, amid continued negative pressure due to trading below its 50-day simple moving average, which reinforces the stability and dominance of the main medium-term downward trend, with price movements aligned along a short-term secondary trend line supporting this path.

Therefore we expect the stock price to decline in the coming trading sessions, as long as it remains below the resistance level at $112.50, targeting the key support level at $98.00.

Today’s price forecast: Bearish